World & BusinessChanel plans to keep investing in China despite demand downturn
A downturn in China has hit the luxury industry hard, but it hasn't deterred Chanel's investment plans, Bloomberg reports.
TLDR
Bloomberg reports that Chanel plans to continue investing in China despite a demand downturn. The luxury house is staying with that plan even as the slowdown hits its industry hard.
Chanel plans to keep investing in China despite demand downturn
A downturn in China has hit the luxury industry hard, but it hasn't deterred Chanel's investment plans, Bloomberg reports.
TLDR
Bloomberg reports that Chanel plans to continue investing in China despite a demand downturn. The luxury house is staying with that plan even as the slowdown hits its industry hard.