As luxury brands connect with China’s young, the dangers of debt loom large
College students demonstrate limited financial knowledge but have convenient access to online credit.
College students demonstrate limited financial knowledge but have convenient access to online credit.
The company joins a small group of luxury names offering online shopping, which such brands have handled with extreme caution thus far.
Everyone has done well. Second-tier brands have done better. Cadillac, for example, reported a 71-percent sales increase, and Lincoln 97 percent.