Luxury. Are Chinese now in the age of frugality?

Through Bleuenn Fequant. Published on 30 September 2022 à 12h19 - Update on 21 October 2022 à 21h44

In China, the decline in luxury goods sales and the slowdown in G.D.P. (up by only 0.4% in Q2 2022) is giving way to a new market of second-hand luxury.…