image-title: High-end Retail in Beijing as China’s Consumer Slowdown Puts Multinationals at Risk

Pedestrians stand in front of a Prada SpA store in the Wangfujing shopping area of Beijing, China, on Saturday, Jan. 12, 2019. The luxury-goods industry痴 fate is closely linked to the perceived strength of demand from affluent Chinese consumers. Most analysts expect the economy to cool amid a trade spat with the U.S. Photographer: Giulia Marchi/Bloomberg