Consumers in China are increasingly turning to homegrown labels over LVMH and Gucci as the economy cools, embracing the message that modern luxury can be proudly Chinese. https://www.japantimes.co.jp/business/2025/11/17/markets/china-local-luxury-lvmh-gucci/?utm_medium=Social&utm_source=mastodon #business #markets #luxurygoods #china #lvmh #gucci #fashion #louisvuitton #kering #burberry #rolex #chanel #songmont #maogeping #laopugold