January 17, 2018 in Indian Finance News

Luxury brands surge in China

Domestic sales of Gucci handbags and Chanel cosmetics, sluggish in China for years, rose at the fastest pace in over half a decade last year and are poised to consolidate the gains in 2018, according to consultancy Bain & Co. As Francis Maguire reports, that’s welcome news for brands like Burberry which is struggling in other regions.