China’s Luxury Market Set to Rebound Following Plummeting Sales
8 Articles
8 Articles
China’s luxury market set to rebound following plummeting sales
China’s luxury market is expected to rebound in 2026, a reprieve for European fashion houses heavily reliant on the giant market. Premium spending in China — which consultancy Bain said has become the “cornerstone of luxury market growth” — plummeted last year, dragging down firms’ share prices: LVMH’s has fallen by almost a quarter in the last 12 months, wiping more than $100 billion off its valuation. China’s slowdown and a slumping real estat…
China’s Luxury Market Primed for Modest Rebound in 2026: A Bain & Company Insight
read the original version on: www.retailnews.asia China’s personal luxury goods market is anticipated to experience moderate growth in 2026, according to global management consulting firm, Bain & Company. However, they also caution that this recovery may be unstable and variegated across various brands and product categories. A Fragile Recovery In 2025, China’s luxury market contracted by 3-5%, showing some recuperation after […] The post China’…
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