Flash Report 6 minutesRegister for Free AccessCoronavirus Briefing: Assessing the Impact on the Global Luxury Market Coresight Research February 12, 2020 What's InsideWith the ongoing coronavirus outbreak showing no signs (yet) of slowing, Chinese outbound tourism has evaporated. The Chinese government has placed its own restrictions, as have others barring entry from China. This is how global luxury has responded: Most have closed stores in China Most have experienced a drop in overall business All rely on Chinese consumers—especially tourists—for meaningful portions of their revenues This report looks at the impact on luxury, and how brands and retailers are responding. Click here to view Coresight Research’s ongoing coverage of the coronavirus outbreak in China. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Further Stimulus Measures—Are They Moving the Needle on Sentiment?: China Consumer Survey InsightsThree Data Points We’re Watching This WeekChina Consumer Tracker: Avoidance Falls Across the BoardE-Commerce for the Modern Consumer: Building Trust in a Digital Age
