China's personal luxury market contracts 3%-5% in 2025 but shows signs of recovery ...Middle East

SHANGHAI, Jan. 29, 2026 /PRNewswire/ -- The mainland China personal luxury goods market contracted by 3%–5% in 2025, a significant moderation compared with the sharp decline seen in 2024, according to Bain & Company's China Personal Luxury Report. While consumer confidence remained...

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