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China communist terrorists reject western luxury goods or they have no money to buy l
An honorable member of the Coffee Shop Has Just Posted the Following:
Gucci’s China shock reverberates across the luxury landscape Published Mon, Mar 25, 2024 · 6:30 am FEARS of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. French group Kering saw US$9 billion wiped off its market value after warning that sales of the Italian label’s products in China have slumped this quarter. The slowdown is also... Read more Click here to view the whole thread at www.sammyboy.com. |
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