
China Economic Slowdown Weighs on LVMH Luxury Fashion Business
Currency shifts diverting spending to Japan and weak domestic consumer confidence curb demand for high-end apparel and leather goods across mainland boutiques.
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Currency shifts diverting spending to Japan and weak domestic consumer confidence curb demand for high-end apparel and leather goods across mainland boutiques.

Supported by the Singapore Economic Development Board, the Marina Bay hub will direct company-owned stores and distributor markets across Japan, South Korea, and India.

Vietnamese consumers spent an estimated US$16 billion on online purchases via platforms such as Shopee, Lazada, and TikTok Shop in 2024, placing the country among the top three e-commerce markets in Southeast Asia. The recently unveiled Southeast Asia…
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