China Became A Luxury Brand Meat Grinder! Chinese Have No Money, Giants Close Or Escape
China Became A Luxury Brand Meat Grinder! Chinese Have No Money, Giants Close Or Escape
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Gucci is an Italian luxury fashion brand, offering products like clothing, leather goods, shoes, watches, ties, scarves, and perfumes. The manager of a Gucci store selling luxury items lamented that the brand's clothing is not selling well, resulting in significant losses. Another woman, who sells second-hand Gucci bags, mentioned that the market has collapsed. This indicates a sharp decline in consumer purchasing power for Gucci products in China.
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