LUXURY BRANDS ARE GETTING HOPE FROM CHINA

Highlights:

• Chinese shoppers are giving luxury brands hope of recovery from the coronavirus pandemic.
• The shoppers have started the purchase of high-end handbags, shoes, and jewelry again.
• The retail sales of Tiffany in China have surged by 30% in April and 90% in May as compared to the same months last year.

Several brands have reported a surge in buying n China. Peopl....