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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Unlocking Success: The Pathway to Profitability for US Brands and RetailersWeekly US and UK Store Openings and Closures Tracker 2025, Week 2: Barnes & Noble CEO Announces Store Expansion PlanEarnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter GrowthSycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion Deal