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China’s luxury industry rebounds in 2017

22/01/2018

Sales of luxury goods in China reached more than $22 billion in 2017, an increase of nearly 20% compared to the previous year, according to a report from specialist consultancy firm Bain & Co. This represents the sharpest growth since 2011 and follows on from slight growth in 2016 and decreases in both 2015 and 2014.  “It’s essentially been a...

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