Prada says China sales to date largely exceed 2019 levels


Source: fashionnetwork.com fashionnetwork.com

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Prada says China sales to date largely exceed 2019 levels By See catwalk Prada - Fall-Winter2020 - Womenswear - Milan - © PixelFormula Bertelli said the appetite for luxury goods of Chinese consumers, the industry's biggest clientele, remained very strong despite the fallout from the coronavirus pandemic, which has tipped the global economy into recession and frozen international travel.The pandemic has dealt a big blow to the luxury industry, with overall sales expected to decline by up to 35% in 2020. Advertisements "To date, the Prada Group's sales in China have already largely exceeded the levels of 2019, showing double-digit...