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Denis Leroy

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Global Luxury Business To Suffer Due To Coronavirus Lockdown
February 9th, 2020 - 11:07 GMT

Global Luxury Business To Suffer Due To Coronavirus Lockdown

The global luxury business is set to suffer from dwindling numbers of Chinese buyers, the world's biggest consumers of luxury goods, due to a lockdown within and on the country to prevent a coronavirus from spreading further. Here are some facts about the importance of Chinese buyers for the world's companies making stylish and expensive things. The luxury engine Chinese consumers account for between 33 and 35 percent of all ...
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