Low impact
A Reuters report highlights that Chinese superfans are fueling a resurgence for Ralph Lauren, with a 50% sales jump in China last quarter, contrasting with a subdued broader luxury market.
Reuters06/30, 01:55 PM
- sales jump 50% in China last quarter
- broader luxury market remains subdued by weak consumer confidence, a prolonged property downturn and concerns about jobs and income growth
Figures as quoted by Reuters