From volatile sales and revenue to broader strategic and operational challenges, the dependency on China is proving to be a double-edged sword.

When it comes to luxury goods, affluent Chinese customers aren’t afraid to spend extravagantly on luxury handbags, watches and makeup

A HSBC report titled “Expecting the Unexpected” is offering some interesting discoveries with regards to the state of the global luxury markets. Chinese demand could further weaken if proposed increase of luxury goods tax is ratified.