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Trump's Comeback: Sweeping Victory, Harris Concedes but Promises “Fight”

Donald Trump has reclaimed the White House after a divisive campaign that defied polls and criminal charges. Kamala Harris conceded but vowed to continue her "fight for freedom and dignity." Trump’s win represents a strong shift in voter sentiment, with Americans prioritizing economic and border security concerns. Harris consoled her supporters, calling for resilience while refusing to align with Trump’s vision. Biden plans to address the nation on Thursday. Trump, along with Vice President-elect JD Vance, aims to take office on January 20 with promises of sweeping changes, including firing civil servants he deems disloyal and possibly replacing regulatory heads. He has tapped prominent figures, such as Elon Musk and Robert F. Kennedy Jr., for administration roles. Trump's Electoral College win was bolstered by strong support across at least five battleground states. His victory also secured a Republican majority in both the Senate and House , easing the way for h
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Bulgari CEO Projects Chinese Luxury Market Rebound Within Two Years


China’s luxury market could recover within the next 24 months as the country’s economy strengthens, according to Bulgari CEO Jean-Christophe Babin. While Bulgari’s brick-and-mortar sales in China have slowed, online channels continue to perform well, reaching a broader customer base, including smaller cities.

Babin’s outlook comes as luxury brands worldwide, from Swiss watchmakers to fashion labels, face challenges attracting Chinese consumers. LVMH saw a 16% drop in sales in the China region in Q3, while Kering SA warned that annual profit could hit its lowest since 2016 due to Gucci's 25% sales drop amid China’s post-Covid economic slowdown.

Babin highlighted Bulgari’s focus on the women’s watch market and in-house manufacturing capabilities as factors allowing the brand to adjust to shifting demand, even in challenging markets like China.

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