EconomyHermès and Cartier’s last reliable shoppers are retreating in China
Luxury giants including Hermès and Cartier are seeing sharper downturns in China, suggesting wealthy consumers’ spending pullback is affecting even the brands considered most resilient.
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Bloomberg News★★☆☆☆2026-10-23 21:30Original
Hermès and Cartier’s last reliable shoppers are retreating in China
Economy