Coronavirus Chills Luxury Brands in — and Outside — China

The deadly coronavirus outbreak paralyzing China is taking a toll on luxury goods companies. The latest player to feel the chill is Kering Group, which owns Balenciaga, Gucci and other upscale fashion brands and which on Wednesday announced that it has closed dozens of stores in China as consumers stay home.

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About the Contributor

About the Contributor

Sean has over 20 years of experience in strategic profitability improvement, supply chain, outsourcing, operations management and advisory for the logistics and transportation industry. He has worked on a wide range of strategic projects, while having led successful initiatives and teams for some of the country’s premier transportation providers. Sean holds a Bachelor of Arts degree from The University of Toronto, a Bachelor of Science degree from D’Youville College and a Masters of Business Administration degree from The Edinburgh Business School, UK. Sean is a member of Blockchain in Transport Alliance (BiTA) and is a published author in CMCSP’s Supply Chain Quarterly, Transport Topics and the Association for Supply Chain Management.