As China’s beleaguered economy starts to show signs of recovery, the pundits are speculating about whether ‘revenge spending’ can save luxury brands? Photo: @hermes/Instagram
As China’s beleaguered economy starts to show signs of recovery, the pundits are speculating about whether ‘revenge spending’ can save luxury brands? Photo: @hermes/Instagram

‘Revenge spending’ is the new fever, post-Covid-19: Hermès in Guangzhou pulls in the VIP crowds; stores across China see more foot traffic

Shopping-deprived consumers in China are embarking on huge spending sprees after being on lockdown, in quarantine, and observing months of social distancing

As China’s beleaguered economy starts to show signs of recovery, the pundits are speculating about whether ‘revenge spending’ can save luxury brands? Photo: @hermes/Instagram
As China’s beleaguered economy starts to show signs of recovery, the pundits are speculating about whether ‘revenge spending’ can save luxury brands? Photo: @hermes/Instagram
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