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Luxury & Fashion China: Is the “Common prosperity” a threat for the luxury industry?
Luxury & FashionChina: Is the “Common prosperity” a threat for the luxury industry?
Common prosperity does not mean “killing” rich people
Middle class expansion is key for China’s economic development
Not all the luxury goods players will be impacted in the same way
Which are the luxury group the most exposed to Mainland China
Which are the luxury group the most exposed to the Chinese middle class?
At this stage, we do not change our FY 21 and FY 22 sales growth expectations
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Bryan Garnier
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Loic Morvan
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