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Luxury Sales Plunge in China as Tax Measures Hit Wealthy Shoppers

Global luxury brands face a deepening sales slump in China, as the country’s campaign to tax offshore wealth dampens spending by the country’s richest consumers.

Luxury Sales Plunge in China as Tax Measures Hit Wealthy Shoppers

We haven't written up this one. Business of Fashion has the full story — the link below goes straight to it.

Read the original at businessoffashion.com →

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