This is a China news story, published by CNBC, that relates primarily to showy news.
For more China news, you can click here:
more China newsFor more showy news, you can click here:
more showy newsFor more clothes news, you can click here:
more clothes newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best entertainment news, business news, world news, and much more. If you like clothes news, you might also like this article about
luxury shame. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest luxury goods news, luxury news, clothes news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
global personal luxury goods sectorCNBC
•81% Informative
China 's luxury market is "struggling" and "overall contracting," Bain and Company report says.
Wealthy customers are afraid of being seen as too ostentatious or too showy .
China 's political positioning has also played a role in the "luxury shame" felt by Chinese consumers.
China is home to 98,000 of the world's ultra-high-net-worth individuals.
VR Score
89
Informative language
91
Neutral language
62
Article tone
semi-formal
Language
English
Language complexity
49
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
Source diversity
1
Affiliate links
no affiliate links