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Luxury brands in China take hit on low consumer confidence as economy slows

Asia sales of Louis Vuitton owner LVMH fell 13 per cent in the first half, while Chow Tai Fook’s plummeted 20 per cent in the second quarter.

By: scmp.com

Jul 24 2024
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Luxury brands in China take hit on low consumer confidence as economy slows

Asia sales of Louis Vuitton owner LVMH fell 13 per cent in the first half, while Chow Tai Fook’s plummeted 20 per cent in the second quarter.

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88% of ethnic minority elderly, carers have never used Hong Kong support services