Market Pulse | Fears Over China Trigger Luxury Sell-Off
LONDON, United Kingdom — The seemingly unflappable luxury market continues to waver, with growing worries that China’s booming economy — the driver for much of the rapid growth of luxury brands in the past few years — is beginning to slow down. As a result, every major luxury brand has been hit, and hit hard. Big news • Luxury stocks suffered a steep sell-off in the last ten days of September as hedge funds moved out of the
