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☆ I was born in 1996, but I don't feel like a millennial. I'm stuck between generations.
▼ + stars: | 2024-09-14 | by ( Courtney Bublé | ) www.businessinsider.com time to read: +5 min

Read previewLast year, The Washington Post published a piece about Gen Z reviving the millennial "going out top." This is for those of us born in the late 1990s on the cusp of both the millennial and Gen Z markers. While I do have some firsthand memories, unlike Gen Z, the bulk of millennials were older kids or teens and thus more capable of processing what happened. I feel nostalgic for things I wasn't part ofFrom boy bands to platform flip-flops, I often feel nostalgic for a millennial culture I didn't fully experience. Turning 30 feels a bit like the "last call" on the millennial generation's being considered young; I write with some melancholy.

Persons: —, I've, Snapchat, Hannah Montana, Z, zillennials haven't, Taylor Swift Organizations: Service, Washington Post, Penguin, Pew Research Center, Business, Elon University, AIM, Facebook, Disney Channel, Wii Locations: Manhattan

☆ I quit BlackRock after slogging my way to VP in 7 years. I have no regrets.
▼ + stars: | 2024-09-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

I remembered meeting up with friends who didn't work in the industry. AdvertisementLeaving BlackRock for the startup worldI took an 80% pay cut when I quit my job at BlackRock to join Style Theory, a fashion rental startup. Ong took an 80% pay cut when she left BlackRock for Style Theory. One thing that Style Theory offered me was the huge amount of autonomy I had as an employee. After leaving Style Theory, I moved to Singapore just a few months before the COVID-19 pandemic hit.

Persons: —, Jennifer Ong, BlackRock, Ong, Jennifer, I'd Organizations: Service, BlackRock, Business Locations: Singapore

☆ I've been an elementary school teacher for 14 years. I would die for my students, but I don't want to.
▼ + stars: | 2024-09-12 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +5 min

As a teacher of 14 years, I just can't believe school shootings have become so normalized. AdvertisementI remember running drills for both shelters and lockdowns, but the children and I didn't feel scared when doing them. Threats feel much more real nowAfter three years of teaching at that school, I spent years teaching in Chicago and New York City. Related storiesWe've heard about shootings consistently enough to make them feel like it could actually happen in our school. If nothing is going to change, drills are our only option as teachers to keep ourselves and our students safe.

Persons: —, crouch, we'll, we're, they're, Maresco, they'll, I'd, I'm, I've, hasn't Organizations: Service, Business Locations: Montgomery County , Maryland, You'd, Chicago, New York City, Montgomery County

☆ I'm a high school teacher. Taking a bullet for my students isn't written in my contract.
▼ + stars: | 2024-09-09 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +4 min

Read previewThis as-told-to essay is based on a conversation with Michelle Donnay, a school teacher in Minnesota. I had just started my eighth year as a teacher and was a middle school teacher. AdvertisementWhen I started as a teacher, dying for my students was not written in the contract. Related storiesI try not to think about school shootingsAs much as I would naturally worry about the risk of a school shooting at my place of work, I don't allow myself to think about it. I'm strong for my students, but when I'm alone, I often feel the weight of what it means to be a teacher in this day and age.

Persons: —, Michelle Donnay, We've, I've, hadn't, I'm Organizations: Service, Columbine, Business, NRA Locations: Minnesota, Georgia

☆ I rent out my backyard pickleball court to strangers. I've brought in $1,600 this year and even hosted a proposal.
▼ + stars: | 2024-09-07 | by ( Dan Latu | ) www.businessinsider.com time to read: +6 min

In 2022, we started building a pickleball court due to a combination of factors. But I knew we wanted to rent the court out somehow, so I decided to give the app a shot. I've now started coaching pickleball, tooThompson built his court with a lump sum he received for entering retirement. Since I started renting the court, I thought this could be a little business for me. I got my pickleball teacher certification and started giving lessons on the court.

Persons: —, Michael Thomspon, We've, pickleball, let's, Thompson, Michael Thompson, we've, it's, Michael Thompson I'm, I've Organizations: Service, Business, pickleball Locations: San Diego, Coronado

☆ This semiconductor ETF just had its worst week since 2020. Here's what's next
▼ + stars: | 2024-09-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

The VanEck Semiconductor ETF (SMH) sank 11.7% in the Labor Day-shortened, four-day trading week. That was its worst week since a 15.2% drop in March 2020, spurred by the Covid lockdown. SMH 3M mountain This semiconductor ETF just had its worst week since 2020. VanEck itself launched a somewhat narrower version of the fund — the VanEck Fabless Semiconductor ETF (SMHX) , with 22 stocks — last month. Looking ahead, investors will likely get updates from several chipmakers next week at the Goldman Sachs Communacopia + Technology Conference.

Persons: it's, Cantor Fitzgerald, CJ Muse, Muse, —, Bernstein, Stacy Rasgon, Rasgon, VanEck, Nick Frasse, Frasse, Goldman Sachs, CNBC's Gina Francolla Organizations: VanEck Semiconductor, Labor, Nvidia, Taiwan Semiconductor Manufacturing, Wall Street, SOX, CNBC, Intel, Broadcom, Semiconductor, Technology Conference, Devices Locations: VanEck

☆ These Americans are trying to make ‘underconsumption core’ trendy
▼ + stars: | 2024-09-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +8 min

Enter underconsumption core, or a lifestyle that involves using just a small rotation of things for years rather than chasing the latest trend. Users are posting videos on TikTok showing off their underconsumption core lifestyles, with many receiving hundreds of thousands of likes. Experts say the underconsumption core trend isn’t just about maintaining a budget or wanting to get rid of stuff. Still, Americans are spendingDespite the underconsumption core trend’s popularity, spending in the US remains strong overall. Suzanne Lambert, a 32-year old consultant based in Virginia, says she canceled her subscription to a beauty box after watching underconsumption core videos.

Persons: “, ”, Megan Doherty Bea, Bea, Stanley, Diana Wiebe, Wiebe, ’ ”, Nikki Baird, Katrina Leibee, Leibee, ♬, Norah Jones Eleanor, Eleanor, June’s, Suzanne Lambert, Lambert, Scott Rick, Rick Organizations: New, New York CNN, University of Wisconsin - Madison, Savings, Kohl’s, ‘, Denver, CNN, Commerce Department, University of Michigan’s Ross School of Business Locations: New York, United States, Ohio, Utah, West Africa, Arlington , Virginia, Virginia

☆ I found out my 3-year-old daughter would have active shooter drills. I pulled her out of in-person learning because of it.
▼ + stars: | 2024-09-05 | by ( Colleen Kelly | ) www.businessinsider.com time to read: +5 min

Read previewI pulled my 3-year-old from in-person preschool a few years ago. I couldn't let a place of learning implant visions of violence in a child so young she didn't even know the word. I knew she'd be negatively affected by shooter-response drills, and she already felt anxious at school, a new environment for her. I requested exemptions for kids with disabilities, kids with special needs, kids with limited English-speaking ability, and kids with existing traumas. She's enrolled in a virtual school that holds live classes, has a robust curriculum, and conducts no drills.

Persons: —, wouldn't, Deirdre Myers, ALICE, I'm, Kadesha, She's, she's Organizations: Service, Business, Area, American Academy of Pediatrics, Counseling Services Locations: Michigan, Georgia

☆ Glory days for automakers like Ford, General Motors in China are over
▼ + stars: | 2024-09-03 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —Foreign automakers have dominated China’s car market for decades, selling millions of vehicles and raking in enormous profits. Ford (F) and General Motors (GM) are also among firms seeing sales and market share vanish in China as local consumers spurn overseas brands to buy Chinese instead. The American automaker’s sales in China have halved from a peak of above 4 million in 2017 to 2.1 million last year. Last year, BYD sold a record 3.02 million vehicles globally, including plug-in hybrids, up 62% from 2022. Months later, Stellantis (STLA), which makes Citroen, Fiat, and Peugeot cars, bought a 20% stake in Chinese EV maker Leapmotor for about €1.5 billion ($1.7 billion).

Persons: Arno Antlitz, GM’s, Mary Barra, ”, Michael Dunne, Dunne, Xi Jinping’s, Tesla, Yilei Sun, Reuters Tesla, Li, Tu Le, Le, BYD, ” Dunne, Raul Bravo, Stellantis, “ Organizations: London CNN — Foreign, Volkswagen, Wolfsburg, Toyota, General Motors, China Passenger Car Association, Foreign, Japan’s Mitsubishi Motors, Honda, Hyundai, Ford, GM, EV, Tesla, Yilei, Reuters, International Energy Agency, “, CNN, Visitors, Automotive, Xinhua, Shutterstock, Auto, “ Global, UBS, Port, Citroen, Fiat, Peugeot, Leapmotor, Hedin Locations: China, London, Germany, Europe, American, Shanghai, Tesla's Shanghai, Beijing, EVs, Japan, North America, San Antonio, Chile, Chilean, AFP, Xpeng, Thailand, Hungary

Unless you’re directly touching them, you’re not going to get infected.”How does mpox spread? Mpox, previously called monkeypox, is a virus that causes fevers, headaches, muscle aches and painful, open wounds on the skin. While Covid is a respiratory virus that spreads through the air, mpox is spread from person to person through close, skin-to-skin contact with those lesions. Clade I accounts for the latest mpox strain that’s driving the outbreak in parts of Africa. “It’s not airborne,” Taylor said, adding that there is no evidence that the mpox virus is mutating or spreading in a way that would prompt school closures.

Persons: “ I’M, Young ”, ‘, ’ ”, “, ”, Michelle Taylor, Christina Hutson, you’re, Paul Offit, “ That’s, ” Hutson, Carlos del Rio, Del, mpox, ” Taylor Organizations: World Health Organization, Health Department, Centers for Disease Control, Children’s Hospital of Philadelphia, Democratic, CDC, Emory University Locations: Shelby, Memphis , Tennessee, Africa, United States, Democratic Republic of Congo, DRC, Sweden, U.S, Atlanta, Del Rio

☆ She got back in touch with a vacation fling from over 15 years ago. What happened next was unexpected
▼ + stars: | 2024-08-23 | by ( Francesca Street | ) edition.cnn.com time to read: +11 min

Alex and Ola met in a crowded bar and stayed up all night together on the island. Alex didn’t even know Ola was married – he didn’t post much, and he wasn’t on her radar anymore. To their mutual surprise, the connection Alex and Ola felt that night on the beach in Ko Phi Phi returned right away. In the fall, Alex met Ola’s children, who she immediately loved. Alexandra NelkeA year after she moved to Sweden, Alex and Ola bought a house together in Malmö, Sweden.

Persons: Alex Nelke, Ola Forsmark, he’s, ” Alex, you’re, Alex, ” Ola, Ola, kickstarted, ”, didn’t, Alex reconnecting, “, Alexandra Nelke, Alex didn’t, –, She’d, ’, Berlin Ola, Alexandra Nelke Alex, ‘ Life’s, Ola’s, Wolfgang —, “ I’ve, I’ve, she’s, they’ve Organizations: CNN, CNN Travel, Ko Phi Phi, Phi Phi, Facebook Locations: Thailand, Ola, Ko, Germany, London, Swedish, Asia, Bali, America, Sweden, Berlin, “, Malmö

☆ Rose Harvey: Team GB runner says she completed Olympic marathon with broken leg
▼ + stars: | 2024-08-14 | by ( Ben Morse | ) edition.cnn.com time to read: +2 min

CNN —Team GB runner Rose Harvey completed the women’s marathon at the 2024 Paris Olympic Games despite having a broken leg, she said on social media. And according to the GB runner, scans after the race revealed Harvey had suffered a stress fracture to her femur. “But despite that most of my race goals having slipped away, there was still a tiny part of my Olympic dream that I could hang onto – and that was finishing the Olympic marathon. It was heartbreaking.”Harvey completed the Olympic women's marathon 78th overall with a time of 2:51:03. She had been selected to run for Team GB at the Paris Games after completing the 2023 Chicago Marathon in a time of 2:23:21, just 26 seconds off Hassan’s Olympic record time in Paris.

Persons: Rose Harvey, Harvey, ” Harvey, Harvey “, ”, Sifan Hassan, “, Cameron Spencer, Phil Kissi, she’ll, I’ll, It’s Organizations: CNN — Team, Olympic Games, Pancras International, British, Getty, Team GB, Paris Games Locations: St, London, Battersea Park, Paris, “

☆ A Google software engineer who was initially rejected gives 3 pieces of advice for landing a coding job
▼ + stars: | 2024-08-13 | by ( Jaures Yip | ) www.businessinsider.com time to read: +8 min

Read previewWhen Paden Gayle went into his first real round of tech interviews in 2020, he "failed horribly." Gayle interviewed for full-time software engineering roles for X, formerly Twitter, and Bloomberg, as well as an apprenticeship program for Google. This year, though, Gayle finally got his Google redemption and received an offer for an L4 software engineering role. Here's some of his biggest advice for landing a coding gig at a tech giant like Google. For his Google interview, Gayle said that when he first received his questions, he had no idea where to start.

Persons: —, Paden Gayle, I'd, Gayle, you've, That's, It's, that's, it's, I'm, Karen, Grace Hopper Organizations: Service, Twitter, Bloomberg, Google, Business, LinkedIn, Grace, Grace Hopper Program, Tech

☆ How this US couple scored rare Italy self-employment visas
▼ + stars: | 2024-08-12 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +9 min

For those who want to move but need to work the options are extremely limited – working visas to Italy are like gold dust. “We wanted a fresh start, a place where we could enjoy more pleasure in life and quality time,” says Walker. Abandoning the American dreamBowers and Walker wanted to make a change before they got older. Back to the countryTopped by the Orsini castle, Soriano nel Cimino is in the Tuscia area of Italy, north of Rome. The couple have also started a new business, organizing itineraries for visitors craving to discover bucolic Italy.

Persons: we’ll, Stanley Tucci, Vita, Zeneba Bowers, Matt Walker, Soriano nel Cimino, Bowers, “, ”, Walker, –, Orsini, Davide Seddio, it’s Organizations: CNN, intel, Nashville Symphony, Getty Locations: Italy, Tennessee, Rome, Ireland, mull, Italian, Detroit, Tuscia, Viterbo, Walker, Nashville

☆ The Changing Supply Chain
▼ + stars: | 2024-08-12 | by ( Peter S. Goodman | ) www.nytimes.com time to read: +1 min

For decades, major companies have behaved as if geographic distance were almost irrelevant. A factory in China was the same as a factory in Michigan. The pandemic and geopolitical upheavals have exposed the risks of depending on faraway industry to make critical things like computer chips, protective gear and medicines. The pandemic shockThe emergence of Covid in China ended the previous version of globalization. Quarantines shut Chinese factories at the same time that Western consumers, stuck in lockdown, ordered more manufactured goods like exercise equipment and electronic gadgets.

Persons: Quarantines Locations: China, Michigan

☆ 48-year-old founded 'Moms on Mushrooms' to share the practice of microdosing for mental health
▼ + stars: | 2024-08-10 | by ( Renée Onque | ) www.cnbc.com time to read: +10 min

Tracey Tee founded Moms on Mushrooms, a platform where moms can discuss, both online and in person, their interest and experiences with microdosing psilocybin mushrooms. "Some girlfriends invited me to a camping trip that summer [in 2020] to just camp out with some moms," Tee says. She lives in Colorado where psilocybin mushrooms are legal to grow, use and share. So, Tee sought out an alternative solution for managing her mental health as she began to wean herself off the SSRI: microdosing psilocybin mushrooms. Moms on Mushrooms is the platform Tee created for moms to discuss their interest and experiences with psilocybin mushrooms.

Persons: Tracey Tee, Tee, that's, wean, Tee wasn't, Microdosing, microdosing, Louis, Joshua Siegel, Siegel Organizations: Lancet, Facebook, CNBC, Washington University School of Medicine, Washington University, NYU Langone Health, Center, Psychedelic Medicine, Psychedelic Locations: Colorado, St

☆ The crowds are full and raucous at the Paris Olympics. Outside the events? Not so much.
▼ + stars: | 2024-08-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +2 min

PARIS — For athletes and audiences, these have been the Olympics when raucous crowds have roared once again following years of lockdown restrictions. But outside the din of the stadiums, it’s impossible to ignore that Paris is relatively quiet. “Last year, we were completely full inside and out,” said Bérangère Drogue, 38, who works at bistro L’Elephant Du Nil, in the trendy Marais neighborhood. “It’s like night and day.”Berangere Drogue, a waiter at L'Elephant Du Nil, in Paris on Thursday. “I have never seen Paris like this,” said Jugurta Chabane, 28, his black suit and tie matching his dark vehicle.

Persons: Mona Lisa ”, ”, Bérangère Drogue, … ”, ” Berangere, Du, Rafael Yaghobzadeh, Jugurta Chabane, Leonardo da Organizations: PARIS, Olympic Committee, NBC News . Taxi, NBC News, Olympic, Eiffel, Louvre Museum Locations: Paris, Marais

☆ Forget Uber and Airbnb: Some people are going back to doing things the old-fashioned way to save money
▼ + stars: | 2024-08-03 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +9 min

"If I was using rideshares and the delivery apps and everything the way I was, I would run out of money each month," she said. For some, like Manley, it means going back to the old-fashioned way of doing certain things: shopping around for hotel deals, taking public transit more, and working out at home with fitness classes on video. AdvertisementGrant Plotkin, 26, is a Gen Zer who experienced the pre-2020 millennial subsidy as a young adult. The next iteration of the millennial subsidy might be gamifying surge pricing for groceries or a side of fries. AdvertisementHas the loss of the millennial subsidy affected your finances or lifestyle?

Persons: Sarah Manley, Manley, She's, they'd, Millennials, YipitData, Grant Plotkin, Zer, he's, Plotkin, Ubers, Brett House, that's, Bilal Baydoun, Baydoun Organizations: Service, Business, Bloomberg, Netflix, Columbia Business School, Dollar, Aldi, Big Tech, American Locations: Baltimore, it's

☆ Reputed white supremacist gang leader among three killed in Nevada prison fight
▼ + stars: | 2024-08-01 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A man previously identified as a leader in a “vicious” white supremacist gang was one of three inmates killed earlier this week in a Nevada prison fight, officials said. Zackaria Luz, 43, died after the fight Tuesday at Ely State Prison in eastern Nevada, the White Pine County Sheriff’s Office said in a statement Wednesday. In a news release Wednesday, the Nevada Department of Corrections said an investigation into the incident is ongoing and the prison remains on lockdown. A second inmate, Connor Brown, was also fatally injured in the fight, the sheriff’s office said. Authorities were still working to notify next-of-kin for the third inmate and did not identify him, the sheriff’s office said.

Persons: Zackaria Luz, Luz, Connor Brown, Brown, Daniel Neill, Neill Organizations: Aryan Warriors, Nevada Department of Corrections, Authorities, Drug Enforcement Agency, Las Vegas Locations: Nevada, Ely, Pine

☆ Tom Daley unveils his latest Olympic knitting handiwork
▼ + stars: | 2024-08-01 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

CNN —While most Olympic divers sitting poolside at Paris’ Aquatic Center are anxiously twiddling their thumbs, one athlete has been twiddling a pair of knitting needles. Tom Daley, the 30-year-old Team GB diver who won his fifth Olympic medal earlier this week, has unveiled his latest achievement: a handknitted Paris Games themed sweater. Daley has been photographed knitting during every stolen moment while in Paris for the Olympic Games — whether he is watching his teammates compete or resting between his own events. “I don’t know how to just do nothing,” Daley said during an interview with CNN in Paris on Thursday. “So I sketched it out, made tension gauges and did the measurements and the maths to be able to figure out how to make it… You know (knitting) can be quite technical at times.

Persons: Tom Daley, Jack, “ Daley ”, Daley, ” Daley, Dustin Lance Black, “, ”, Daley’s, Tom Organizations: CNN, Team, Paris Games, Paris, Olympic, YouTube, Games, Tokyo, Instagram Locations: Paris, “

☆ After my first long-distance relationship failed, I vowed never to do it again. Then I met another foreign guy online.
▼ + stars: | 2024-07-25 | by ( Dena Roché | ) www.businessinsider.com time to read: +5 min

However, this guy reaching out was from Switzerland, a country I swore I would never set foot in again. On assignment as a travel journalist, I met a man while covering a story in Switzerland in 2017. What I thought would be a fun week turned into a three-year international long-distance relationship. You can't date long-distance forever. When the relationship ended, I vowed never to date internationally again and had no plans to return to Switzerland.

Persons: —, It's, Dena Roché, We've Organizations: Service, Business Locations: Switzerland, Rome, London, Havana, Paris, Zurich, Phoenix, Arizona, France, France's, Swiss

☆ China Unexpectedly Cuts Interest Rate as World Markets Sag
▼ + stars: | 2024-07-24 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

China’s central bank on Thursday cut a key interest rate, in Beijing’s second move this week to try to offset a weakening economy and a housing market crisis. The unexpected action came as stock markets fell sharply across most of Asia in early trading, in an echo of Wall Street’s sharp drop the day before. Market indexes were down 1 to 3 percent in Australia, Japan, South Korea and Hong Kong. That could reflect a favorable response by investors to the central bank’s rate move, or a sign of intervention by the Chinese government, which plays an extensive role in the country’s stock markets. As markets opened in China on Thursday, the People’s Bank of China, the central bank, reduced its interest rate for one-year loans to commercial banks to 2.3 percent, from 2.5 percent.

Organizations: People’s Bank of China Locations: Asia, Australia, Japan, South Korea, Hong Kong, Shanghai, Shenzhen, China

☆ Comcast posts mixed results, weighed down by film studio, theme parks
▼ + stars: | 2024-07-23 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

Comcast reported mixed results before the bell Tuesday, missing on revenue estimates due to tough year-over-year comparisons for its film studio and theme parks. The company's revenue fell nearly 3% to $29.69 billion compared to the same period last year. Revenue from the content and experiences segment, which includes the NBCUniversal TV business, theme parks and Universal Pictures, was down 7.5% to $10.06 billion. However, NBCUniversal's TV business offset the segment, posting $6.32 billion in revenue, up 2% from last year. Comcast shed 419,000 cable TV customers during the quarter.

Persons: Mario, Peacock Organizations: Comcast NBC, Comcast, LSEG, Revenue, Universal Pictures, CNBC Locations: Los Angeles , California

☆ At 5, She Picked Up Chess as a Pandemic Hobby. At 9, She’s a Prodigy.
▼ + stars: | 2024-07-18 | by ( Isabella Kwai | ) www.nytimes.com time to read: +1 min

Since learning chess during a pandemic lockdown, Bodhana Sivanandan has won a European title in the game, qualified for this year’s prestigious Chess Olympiad tournament, and established herself as one of England’s best players. She also turned 9 in March. That makes Bodhana, a prodigy from the London borough of Harrow, the youngest player to represent England at such an elite level in chess, and quite possibly the youngest in any international sporting competition. The fourth-grader, who learned chess four years ago when she stumbled across a board her father was planning to discard, knows exactly what she wants to accomplish next. “I’m trying to become the youngest grandmaster in the world,” she said, “and also one of the greatest players of all time.”

Persons: Sivanandan, “, ” Bodhana, “ I’m, ” Organizations: Olympics Locations: London, Harrow, England

☆ It looks like the party's over for luxury goods in China
▼ + stars: | 2024-07-17 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Read previewHugo Boss, Burberry, Richemont, and Swatch have all called out slumping sales in China this week as consumers cut back on luxury spending. Swiss watch group Swatch said it expects the Chinese market "to remain challenging for the entire luxury goods industry until the end of the year." But much of this spending has been overseas, and sales in China have fallen for some of the world's biggest luxury brands. AdvertisementBefore the pandemic, about two-thirds of Chinese luxury spending occurred outside mainland China, plummeting to less than 10% in 2021 and 2022 because of travel restrictions, according to data from Bain. The consultancy said that this started to rebound in 2023 with the return of overseas tourism, with an estimated 30% of luxury spending taking place outside mainland China.

Persons: —, Hugo Boss, Burberry, Gerry Murphy, they've, Bain, Luca Solca, Vacheron Constantin, Marc Jacobs, Versace, Richemont Organizations: Service, Swatch, Business, Bain & Company, Richemont, Cartier, Burberry, Financial Times, Bain, Prada, The Financial Times, Luxury Summit Locations: China, Swiss, Americas, Hong Kong, Macau, Japan, South Korean, East

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