Luxury brands are ditching China, and fast– but why?
French luxury group Kering closed two Gucci stores in Shanghai last month. Those closures followed at least eight in the fourth quarter of last year and two in the preceding quarter by brands including Louis Vuitton, Chanel, Tiffany & Co. and Bulgari
French luxury group Kering closed two Gucci stores in Shanghai last month. Those closures followed at least eight in the fourth quarter of last year and two in the preceding quarter by brands including Louis Vuitton, Chanel, Tiffany & Co. and Bulgari
