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China’s Luxury Market Set to Rebound Following Plummeting Sales

Summary by Semafor
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…

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consultancy.asia broke the news in on Wednesday, January 28, 2026.
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