Economy & Finance
Gold Price Slump Exposes Luxury Gold Brand Vulnerabilities
As gold prices fall over 28% from peak, Laopu Gold's premium pricing model faces its biggest test, with Q2 revenue down 76-87% and stock plunging 70%.
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As gold prices fall over 28% from peak, Laopu Gold's premium pricing model faces its biggest test, with Q2 revenue down 76-87% and stock plunging 70%.
Investigation uncovers Chinese e-commerce platforms selling counterfeit luxury goods with DIY logo kits, fake chips, and algorithms pushing fakes.