LVMH, Burberry, Kering feel the pinch as Chinese consumers tighten purse strings

SCMP | Oct. 16, 2024, 11:05 p.m. | Original
Waning confidence among China’s middle class consumers could further undermine sales of global luxury brands, analysts say.
Japan’s new PM Shigeru Ishiba sends offering to Yasukuni war shrine Mexico’s ex-security chief gets 38 years in US prison for aiding cartel