
Brands Continue to Thrive Despite Consumption Dip in China
7 months ago
Despite discouraging data regarding consumption in China, several Western brands, such as Sam's Club and Lululemon, are showing resilient growth. The decline in purchasing power amongst Chinese consumers raises concerns for many companies, yet some are finding ways to adapt and even flourish in this environment. Research indicates that a shift towards new marketing strategies and changes in product assortments are allowing these brands to outperform general market trends.
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