LVMH Investors Jittery Over Anaemic China Demand for European Designer Goods

Investors in French luxury group LVMH, opens new tab are eager for signs that China’s new fiscal stimulus measures can finally pull wealthy and middle-class Chinese shoppers out of their funk, inspiring them to splash out on $4,300 designer leather handbags ahead of Singles Day, China’s largest annual shopping spree.

from The Business of Fashion https://ift.tt/QhWHMqu