China's Booming Grey Markets Add Woes To Luxury Brands

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Mon, 10/21/2024 - 3:12am

China's booming grey markets add woes to luxury brands

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China's booming grey markets add woes to luxury brands
China's second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ways to buy them, deepening ...
10/20/2024 - 11:27 pm | View Link
A Week of Shock and Awe Ignites China’s Stock Markets
But its impact is already unmistakable in one corner of the economy: Red-hot stock markets. Some $143 billion worth of stocks changed hands in 35 minutes of fevered trading in Shanghai ...
09/29/2024 - 1:00 pm | View Link
China's industrial profits suffer biggest slump this year, adds to economic woes
Aug industrial profits -17.8% y/y vs +4.1% y/y in July Jan-Aug profits +0.5% y/y vs +3.6% y/y in Jan-July Domestic consumer demand remains weak, says statistician BEIJING, Sept 27 (Reuters ...
09/26/2024 - 3:51 pm | View Link
China's new stimulus plans make a splash in global markets
"The stimulus measures may support the property markets more than broader consumption ... the best Shares in European luxury retailers, popular with China's once-big spending urban middle class ...
09/25/2024 - 9:40 am | View Link
What China's economic problems mean for the world
While these issues add up to a major headache for Beijing, how much does it matter to the rest of the world? Analysts believe worries of an impending global catastrophe are overstated. But ...
09/27/2023 - 1:00 pm | View Link
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