Forget the China gloom — luxury bosses say shoppers are back
1. Chinese luxury market shows signs of stabilization after past weaknesses. 2. Prada CFO is cautiously optimistic about demand in China. 3. Coach reports 20% growth in China; successful strategy amidst cautious consumers. 4. Luxury brands increase localization to adapt to competition from local labels. 5. EssilorLuxottica reports broad-based double-digit growth across regions.