Thousands of retail stores have closed over the past year and retail jobs have been lost because many shoppers have been spending less time browsing in stores and more time browsing on sites like Amazon.
So there's this perfect storm of increase demand, jarring changes in delivery and reduced supply but on top of all that some shoppers started panic buying.
Last Saturday, shoppers and tourists watched in horror the scenes of lawlessness along the Champs-Elysees that the government says can't be allowed to happen again. And so for today, the Paris police chief has been replaced.
The Beijing-based jeweller, whose Chinese name translates to " old shop" , is luring shoppers as it outshines market leader Chow Tai Fook Jewellery Group and other local brands, from sales growth to stock performance.