Apparel and accessories
November 15, 2021
The luxury goods market in China has doubled since 2019. Image credit: Louis Vuitton
By Sarah Ramirez
While the overall luxury market remains below pre-pandemic levels, the personal luxury goods industry is primed to return to a strong growth trajectory after a faster-than-expected recovery in 2021.
{"ct":"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","iv":"928a26a73ccc412a5280e65fbcf67381","s":"44e2e5c145ab1ed5"}
Share your thoughts. Click here