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Gucci's China shock reverberates across the luxury landscape, ET Retail

Fears of a slowdown in luxury spending among Chinese consumers have been growing for some time, and recent events have underscored this concern. Kering SA, the parent co of Gucci, experienced a significant decline in its market value following a warning about slumping sales of Gucci products in China. ....

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Gucci's China shock reverberates across the luxury landscape

Its parent company saw US$9 billion wiped off its market value after warning that Gucci's China sale have slumped this quarter. Read more at straitstimes.com. ....

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The END OF LUXURY? Will It Reverberate Over Into The Car Business?

The END OF LUXURY? Will It Reverberate Over Into The Car Business? ....

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Gucci's China shock reverberates across the luxury landscape | Jennifer Creery, Shirley Zhao & Andy Hoffman

Fears of a slowdown among Chinese shoppers have dogged the luxury industry for the better part of a year. Last week the scale of the problem hit home for one of fashion’s biggest but most exposed brands, Gucci. French group Kering SA saw $9 billion wiped off its market value… ....

United States , Hong Kong , New York , Estee Lauder Cos , Tom Ford , Nick Hayek , Angelina Rascouet , Gina Turner Bloomberg , Alessandro Michele , Jeannette Neumann , Bruno Lannes , Fabrizio Freda , Jean Francois Palus , Louis Vuitton , Marco Bizzarri , Andrea Guerra , Daniela Wei , Wu Xiaofang , Erwan Rambourg , Piral Dadhania , Mark Liu , Federation Of The Swiss Watch Industry , Swatch Group , Group Asia , Hermes International , Bain Co ,