Accueil » China. Kering and LVMH can hope for growth in 2023 China. Kering and LVMH can hope for growth in 2023 The Chinese restrictive policy to contain Covid-19, the geopolitical context and recent protests in China caused retail sales to plummet in November 2022. Whilst the luxury sector is likely to recover in 2023, this is less likely for general market brands. Through Bleuenn Fequant. Published on 23 December 2022 à 16h16 - Update on 02 January 2023 à 15h32 Resources In China, retail sales fell by 5.9% in November 2022 (year-on-year), greater than a Reuters prediction of -3.7% and an actual fall of 0.5% in October. This is the biggest drop in sales since the Shanghai Covid-19 lockdown last May.… This article is for subscribers only Already have an account? Log in You are not registered yet ? Sign up for a free trialfree for 1 month Online services : studies, analyses, databases and much more Daily Briefing : latest news digest Weekly letters Last name First name Email address Bleuenn Fequant Essentials Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications Trends in 2023 for transformation of the retail market E-retail media: a market in the process of a formal structure Analyzes Synthèse et historique de tous les contenus sur une thématique suivie en détails par la rédaction Les dernières publications Charging for returns: pure players follow the lead of omnichannel retailers Ads.txt: which advertising providers do retailers work with?
