0856 GMT - The luxury sector's rebound in China might have to wait, analysts at Bernstein say in a note to clients. "Chinese consumer confidence has yet to revive after a massive postpandemic step down," the analysts say. Chinese luxury shoppers have been hit by slower macroeconomic growth, putting middle-class consumers on the back foot, the brokerage says. This situation has been aggravated as luxury brands implemented significant price increases following the height of the pandemic, they add. Early data for the third quarter points to soft trends, Bernstein says.