Chanel

Spotlight | China
As EU ban on Xinjiang cotton looms, luxury sector weaves fine line between Western embargoes and Beijing interests

With the European Union set to vote in September on whether to ban goods made with forced labour, LVMH, Kering and others are engaged in a delicate balancing act. While luxury giants boost efforts to ensure no Xinjiang cotton is used in their products, they are also avoiding overtly criticising China, a top strategic market.