Is Worst Of Slowdown Over For Likes Of Burberry?
As Jing Daily noted last month, a slowdown in China’s red-hot luxury market — which is still expected to register double-digit growth in 2012 — has been far from uniform for major brands, with some (Dior, Prada, Hermès) showing continued strength while others (Hugo Boss, Burberry) have faltered. But as the year starts to draw to a close, and major gifting periods like Chinese New Year approach, is the worst of the luxury slowdown over, even for brands that have hit rough patches in 2012? CNBC takes a look today: