China’s luxury car market: Second-tier brands gain ground
Everyone has done well. Second-tier brands have done better. Cadillac, for example, reported a 71-percent sales increase, and Lincoln 97 percent.
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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.
Louis Vuitton quietly launches ecommerce platform in China
The company joins a small group of luxury names offering online shopping, which such brands have handled with extreme caution thus far.