Chinese Luxury Buyers Pivot to Experiences, Value and Homegrown Brands A new reality for Chinese luxury shoppersIn a quiet corner of a Paris boutique run by a Swiss watchmaker, a...

Chinese Luxury Buyers Pivot to Experiences, Value and Homegrown Brands #ChinaLuxury #LuxuryGoods #ConsumerTrends

China no longer the luxury engine?
BNP says Chinese tourist spending slowed sharply in Q2. Last year’s yen drop gave a 20% discount boost—this year, no such tailwind. With RMB weak and travel retail fading, luxury faces tougher ground.
#ChinaLuxury #TourismTrends #LuxurySpending #Econsky