Published Oct 23, 2026, 3:19 AM ET · Updated 22 days ago · 1 source
Hermès, Cartier’s Last Reliable Shoppers Are Retreating in China
bloomberg
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Original Report
INFERY

Luxury powerhouses including Hermès and Cartier are suffering steeper slumps in China, in a sign that a spending pullback by the country’s wealthy consumers is hitting even the most resilient brands.