Consumption in China slows further, and luxury stocks see no light

Consumption in China slows further, and luxury stocks see no light

China is suffocating the luxury segment, with stocks seeing no light at the end of the tunnel. On Thursday, September 5, shares of some of the major European luxury goods players fell sharply. For example, Hermès, which lost 6%. The day before, Morgan Stanley revised (down) its forecast for LVMH stock, which lost more than…

ACCEDI PER CONTINUARE A LEGGERE

Scopri l’abbonamento che fa per te tra le nostre proposte

Already a member? Log in here

PREMIUM CONTENT

Choose one of our subscription plans

Do you want to receive our newsletter?
Subscribe now
×