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Equisights
@equisightsAugust 16
$PPRUF Amidst Leadership Twist, Has Kering Overestimated China’s Luxury Appetite?
Equisights
Amidst Leadership Twist, Has Kering Overestimated China's Luxury Appetite? - Equisights
Leading luxury goods business Kering SA (OTC: PPRUY) reported successful results in the first half of 2023, with revenue growing by 2% to reach €10.1 billion.
Rico's avatar
I think the demand for luxury in China is still there, but they may simply not have the money to back the demand up
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