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Bulgari CEO Sees China Luxury Market Recovering in Two Years

China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer Jean-Christophe Babin said.
A hand placing a jewel into a Bulgari necklace.
China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari chief executive officer Jean-Christophe Babin said. (Bulgari)

The LVMH-owned jeweller has seen a more visible downturn this year in China at its brick-and-mortar stores versus online channels that can reach more customers including those in smaller cities, Babin added Wednesday in a roundtable interview at the annual China International Import Expo in Shanghai.

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