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Luxury Brands Lure Chinese Shoppers despite Slowdown

Sipping champagne and nibbling fried dumplings, Shanghai's rich and influential posed by Louis Vuitton signs at a runway afterparty –- a lavish affair designed to win customers in China's crucial market. China is the world's biggest spender in the luxury sector, accounting for half of global sales. But as its post-pandemic recovery falters, consumption has flagged, sending jitters through the industry.
Fflur Roberts Jennifer Connelly Jackson Wang Lisa Nan Liu Yifei Sun Yitian
Source: aawsat.com

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