They spend in China (fortunately) as BCG revise estimates: +30%

They spend in China (fortunately) as BCG revise estimates: +30%

They spend in China: they are doing it even more than expected. That is why Boston Consulting Group (BCG) had to revise estimates. Like we wrote earlier in June, Chinese demand for luxury goods will not supposedly increase by over 10%, though it might even reach +30%. China is therefore proving to be the only…

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