The global luxury market has been booming for more than a decade, pushing up the values of companies such as LVMH and Kering. There’s one customer who has been key to that growth: the Chinese consumer. But now, that’s all changed. Here’s why: bloomberg.com/news/articles/2025-01-21/china-s-luxury-sales-see-biggest-drop-in-a-decade-amid-slowdown?sref=omvmmwIg?utm_medium=social&utm_source=youtube&utm_campaign=originals&utm_content=article #China #Business #Bloomberg -------- Like this video? Subscribe: youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: bloomberg.com/subscriptions?in_source=YoutubeOriginals Bloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring e...