China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein report

Economic Times - Oct 17, 2026

A report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors such as falling property prices and youth unemployment are contributing to a weakened market. Companies may need to adjust their pricing strategies to meet consumer expectations for affordability and value.

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Moment mayor allegedly followed stranger around and accused him of being an ICE agent... only to find out he's actually a hairdresser

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Far-Left activist known to police is arrested over arson attack that destroyed historic town hall during French riots

Oct 20, 2026

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