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China Uncertainty Clouds Outlook for Luxury Sector

Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand.
Visitors look at a gold, green and jade dragon sculpture created by luxury brand Louis Vuitton in Shanghai, China, Jan. 2, 2024.
Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results. (Getty Images)
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Investors are bracing for a steep slowdown in luxury sales when luxury companies report their first quarter results, reflecting lacklustre Chinese demand and comparisons with last year when the lifting of Covid curbs in mainland China boosted sales.

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