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Luxury Market Faces Turbulence: China Sales Decline and Global Challenges Loom
Ivy Vu
- Fashion Blogger -
The global luxury market is grappling with one of its most significant downturns in years, facing declining sales, economic uncertainty, and shifting consumer behaviors. The slowdown is particularly acute in China, the world’s second-largest economy and a key driver of the luxury sector’s growth over the past decade.
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