Today we are introducing a post by Jing Daily with regard to an interview summary with Global consultancy Boston Consulting Group (BCG), in which it predicted that there is a dim outlook of the global luxury market in five years. Following Apple, the American premium jewelry brand Tiffany & Co also attributed the sluggish sales to the waning Chinese consumption demand. China’s economic status is definitely revealing that the global market’s health condition is deteriorating and further indicates the worsening of the prosperity in the luxury consumer market.
