Business ❯Economics ❯Consumer Behavior ❯Luxury Market

Chinese Consumers

Burberry's Bold Overhaul Sparks Record Share Surge

New CEO Joshua Schulman unveils a strategic pivot focusing on heritage designs and pricing adjustments to revive the luxury brand.

LVMH Struggles as Sales Drop Amidst China Slowdown

Luxury Brands Face Declining Sales as Chinese Consumers Tighten Spending