Bulgari CEO Babin Sees China Luxury Market Recovering in Next 2 Years
China’s luxury market may recover in the next 24 months as the country’s economy bounces back, Bulgari Chief Executive Officer Jean-Christophe Babin said. The LVMH-owned jeweler has seen a more visible downturn this year in China at its brick-and-mortar stores versus online channels that can reach more customers including those in smaller cities, Babin added…