This article comes from WeChat public account: Vouge Business (ID: VogueBusinessChina) < span class = "text-remarks">, author: Annachiara Biondi
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With the continuous outbreak of the new coronavirus, the long holiday of the Chinese Lunar New Year, which should have stimulated economic consumption, has become very weak. In the previous analysis of Vogue Business in China, many analysts and economists believed that as long as the epidemic can be effectively controlled within a certain period of time, its impact on the economy will not be great. LVMH’s Chief Financial Officer, Jean-Jacques Guiony, gave a deadline of March. He stated in a conference call with analysts on January 30 that “As long as the virus can be resolved within the next two and a half months, Then the problem will not be too big. “
Put aside from the economic level, the pneumonia epidemic caused by this new type of coronavirus has impacted the global fashion industry at other levels. First of all, Chinese suppliers who cannot start on time have created a problem for international fashion brands. Second, this paragraph