Paris and Milan dream of the return of Chinese tourists

By Bloomberg Published Dec 22, 2023 2024 is the Year of the Dragon, but it may not be so lucky for luxury brands. Even though Chinese consumers can now travel to Europe individually or in groups, investors shouldn’t expect them to rush over to stock up on Cartier watches and Hermes handbags. The long-vaunted revival in [...]read moreParis and Milan dream of the return of Chinese tourists