China’s luxury market is bouncing back. Analysts say these are new areas of opportunity
Publishing timestamp: 2024-01-29 04:05:48
Summary
The article discusses the rebound of luxury sales in China, with more consumers buying luxury products domestically. LVMH reported growth in China, and consulting firm Bain & Company predicts that the domestic luxury market will continue to grow in the coming years. The article also mentions the importance of the Chinese luxury consumer and the potential for growth in the bedding and fine linen segment of the market.
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Keywords: retail industry, markets, stock markets, lvmh moet hennessy louis vuitton se, market insider, breaking news: business, luxury, business news,