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Maroc Maroc - NST.COM.MY - A La Une - 18/Jun 19:16

China's rich ditch flashy luxury as global sales stall, says Bain

PARIS: China’s richest people are avoiding flaunting their wealth in favour of more discreet fashion, according to a report published on Tuesday by Bain consultancy that predicted the weakest global luxury market since the height of the pandemic.

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