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":"d3f67e59c04db8b78da18bb3899263e3","s":"7a9e78cef4cef6b5"}
Share your thoughts. Click here