中国
youtube
China was once the driving force behind the $380 billion luxury goods industry, but today it’s become a source of significant losses. A post-Covid economic downturn, shifting youth values, and rising nationalism have led to declining sales and a growing preference for domestic luxury brands. As European giants struggle, only ultra-high-end and culturally localized brands are managing to stay afloat in a changing Chinese market.
Chapters:
00:00 Introduction
00:25 Losing China
01:19 The rise of local brands
2:10 A declining luxury segment
2:50 Looking ahead
Reporting by: Robert Frank
Senior Producer: Nick Robertson
Senior Managing Producer: Tala Hadavi
Edited by: Tim Hurt
Additional Footage: Getty Images
» Subscribe to CNBC:
» Subscribe to CNBC TV:
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025:
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Instagram:
Follow CNBC News on Facebook:
Follow CNBC on Threads:
Follow CNBC News on X:
Follow CNBC
|
2025/03/26
youtube
NVIDIA, AI, And China | The Brainstorm EP 82
Why governments are 'addicted' to debt | FT Film
Apple’s quiet pivot to India | FT #shorts
U.S. Taiwan Rep on a Thinning ‘Silicon Shield,’ Trump, TSMC and More |
Professor Answers AI Questions | Tech Support | WIRED
Nvidia's wild ride: Stock volatility, GTC, and earnings
Earthquake rescue teams face horror and helplessness as trapped victim
India Will Never Be Like China - Here's Why
Nvidia's rise in the age of AI | FT Film
