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Even LVMH’s Arnault can’t resist shopping at the Chinese brands destroying his company’s sales
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Money
9 h ago
Even LVMH’s Arnault can’t resist shopping at the Chinese brands destroying his company’s sales
SHANGHAI, Nov 17 — A changing of the guard is underway in China’s US$49 billion (RM203 billion) luxury market.As an economic slowdown batters the sales of global giants like Gucci and LVMH, a new wave of confident, culturally-attuned home-grown brands is surging to fill the void. Labels like jeweller Laopu Gold...
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Money
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10 h ago
Bursa Malaysia edges higher in choppy trade as investors await key US data
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16 h ago
Asian markets dip as rate cut doubts, China-Japan tensions hit sentiment, Bitcoin slides
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Yum China to expand KFC, Pizza Hut aggressively, targets over 17,000 KFC outlets by 2028
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Poor optics but otherwise resilient #KLIA
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Trending in Money
23 h ago
No more free rein for Malaysia’s ‘finfluencers’: Unlicensed advice could mean RM10m fine as regulators tighten oversight
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EPF posts double-digit growth with RM63.99b investment income in nine months
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Even LVMH’s Arnault can’t resist shopping at the Chinese brands destroying his company’s sales
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