A Gucci store in Beijing on Feb 20, 2020. Chinese shoppers made up more than one-third of the luxury industry's sales and about two-thirds of its growth in recent years. - Reuters
HONG KONG (Bloomberg): Chinese shoppers are slowly returning to the glitzy malls and boutiques, where they've been driving growth of the global luxury industry, as coronavirus quarantine measures relax.
Store traffic in China is creeping back up after falling as much as 80 per cent at the virus outbreak's peak there earlier this winter, hammering sales of brands ranging from Burberry Group to Kering's Gucci.
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