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China’s luxury market – XtremeCuztoms

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Home / Tag: China’s luxury market

Tag: China’s luxury market

Chinese Companies Struggling with Their Shady Reverse-Merger Business

February 26, 2022 admin

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On Jan. 14, 2022, the French fashion company SMCP Group held a general meeting of shareholders and voted to dissolve the five-member board of directors, kicking Qiu Yafu, chairman of the board of directors of China’s Shandong Ruyi Technology Group Co., and his daughter Qiu Chenran, off the board, and shattering Qiu Yafu’s dream of…

China’s Luxury Market Booms; Gap Between Rich and Poor Widens

February 1, 2022 admin

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China’s luxury market is surging at a double-digit rate and is expected to become the world’s largest luxury goods market within three years. Meanwhile, the Gini index (an income distribution marker) has exceeded the warning line of 0.4 set by the United Nations, signaling that the gap between the rich and the poor continues to…

China’s Luxury Market Booms While Gap Between Rich and Poor Widens

February 1, 2022 admin

0 Comment

China’s luxury market is surging at a double-digit rate and is expected to become the world’s largest luxury goods market within three years. Meanwhile, the Gini index (an income distribution marker) has exceeded the warning line of 0.4 set by the United Nations, signaling that the gap between the rich and the poor continues to…