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Brands from Starbucks to LVMH are really hurting in one big market
- Source :
- The Business Insider (Blogs on Demand). July 31, 2024
- Publication Year :
- 2024
-
Abstract
- Brands like Starbucks, LVMH, and L'Oreal struggled in China last quarter as consumer spending dropped. Chinese consumers are saving more and spending on experiences over products. Starbucks plans to open [...]
- Subjects :
- Starbucks Corp. -- Planning
LVMH Moet Hennessy Louis Vuitton S.A. -- Planning
L'Oreal S.A. -- Planning
Coffeehouses -- Planning
Stores -- Planning
Specialty stores -- Planning
Consumer behavior
Cosmetics industry -- Planning
Company business planning
Consumer news and advice
General interest
Subjects
Details
- Language :
- English
- Database :
- Gale General OneFile
- Journal :
- The Business Insider (Blogs on Demand)
- Publication Type :
- Periodical
- Accession number :
- edsgcl.803255949