Why China is behind the global luxury slowdown

2024 was one of the weakest years on record for global luxury goods sales. The driving force? China. The Asian country was behind about 20% of the overall drop. Watch the video to learn why the luxury industry lost millions of consumers in the Asian country.

Why China is behind the global luxury slowdown
2024 was one of the weakest years on record for global luxury goods sales. The driving force? China. The Asian country was behind about 20% of the overall drop. Watch the video to learn why the luxury industry lost millions of consumers in the Asian country.