Diamond Minute
We recently got some revealing feedback from Chow Tai Fook Jewellery Group and Lukfook Group, two of the largest jewelry retailers in Chine, Hong Kong and Macau.
The numbers in the quarterly update didn't make for great reading, serving another reminder that the market there is well off its heights from just over a decade ago.
But what did we learn from their reports? and what surprising observation did LVMH note about Chinese consumers? I discuss in my latest "Diamond Minute" video below:
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