By  on April 2, 2019

The trade war between the U.S. and China has fueled concerns over the spending power of the Chinese consumer, but luxury retailers should fear not, according to HSBC.

A report by the investment bank predicts that a revival in Chinese consumption will once again help boost the global luxury sector, with Kering, Swatch, Richemont, SMCP and Burberry among the high-end retailers who stand to benefit.

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