Chanel

A slowdown in Chinese consumer spending on luxury goods is affecting high-end malls in Beijing and Shanghai, with shopping centres…

More than two years after China’s stringent Covid-19 lockdowns triggered an exodus of international businesses and expatriates, the country’s high-end…

Global luxury retailers are hastening their retreat from China by shutting stores in high-end shopping malls across major mainland cities,…

More than half of luxury consumers in mainland China plan to increase spending on such items over the next 12…