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Global brands lose 250 billion euros because of China

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Global brands lose 250 billion euros because of China
Via IMLebanon
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IMLebanon: Imagine that China cost the world’s biggest luxury brands 250 billion euros! Yes, we’re not talking about the loss of one or two companies… but rather a crisis that hit the European luxury sector hard, from Louis Vuitton to Gucci, Prada and others. Since the beginning of 2026, these luxury companies have lost around 250 billion euros from…

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

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