Retail
July 9, 2020
China and South Korea are the two countries that have recovered from COVID-19 the fastest, but their luxury market rebounds look quite different. Image credit: Shutterstock
{"ct":"WLxKzvRAb5pIAF3pvP0q+gUTyLz+MtQ7kIvCPdVPsXGoevCqSh6fgVPB8BRc89Z\/dTU3ahQWhGUcfacZ2\/bHrzRCZiRCEO34EyMFPen+6zxGS9AaX0NrJtt3YmbauMjgvFdVOossE5\/IXOef8nch50UZk7L1pY1d4PqOUGunAzE2T48qk\/S+WwCjYzLeWksC1CL2OsODK+SjXJWzdLAcE6zLsZhBIfSMmvH2uyjhfHMxvm3s1iZGqWO670oz9dsbfUdGJmhofLuITI\/XWlqPmUgd8wzsf17GvlYeN1+9fSWXfLmCJ2ubx0JVRXCh6DrhK2yLlEZo\/ap1vu\/p+x5cPeQB8r5NjuIu8\/rZr0WO435eupx6hJs3MyJEhC0\/PxlhivouAKRH\/Jxb2EqxAG8eSTHUd\/qMc4iEwLZeiLJp2rMkilC68GuAmb\/FocH\/k4XqdZZ6NyV3bVCCqOPdDlnciW6UkqZ1Z7nm1EWXeJjIbfxIM6NsOdjyfAKsxo74HhmbUSbAcMf3\/PW+WT0HCnM3B3ieBtlEHgBVIxOz5JlPscY4gXb+Avm1OySWEW5MGn9xbqTiimOEO0\/D9lrFXCopXpafSoQQhtQqRI2UqzmPLvz0yOaXpR8F\/Xmayl7RM8kiYStG7pmNWG36Ghao6o+qwb1lnnjXh9iKTptwAmcH6S7+TnyPxFJ\/DTrZwuEKu73mjsK7iTmg8qxlEAnfR88JBB3MO5yVNzAk8t+YN0gPIHMZsJIWS0vdcg43PSthhtpTozzAu3FC14WxNVqtnYHin9NPNwuv\/gLq7L+239tW\/LD3qyWzetqOO0G8KbdQ99M9y0R+QyUPAXilvHB68J5bsiiJtJjlLXYz44tnD83kDtl3ylK23\/u6jS2k3EwJCmeKvyE0xMCWGHECyPMLDIOkumWH10CGRtgmf4NEHgOFG6O2wAkvVWfzCYIJUtjgEmInyEYty61RpApgVX4Fb806ayq\/\/B1aBWOmJi50mif5UUxwsa+HGlstEz7cTdVwgKK9ntz\/eAcBZLNmH5zaI3V49wdszjvahJj6gwk1fROlyZNhfPHixu4QXWDdyRgyxE76HN3c\/m8UIIXNsIMqQtvP6PvGSqjeuGnj+BDkK3cLPAB6ZJgxwQlpCcQvvDluu\/iSKMx6U1SuG8TX6IrtA\/D38\/3VMJMIORBuAIyLCLXeGTPRqNQeoxI0f0u9ky0WjpgVZxgG0KpTsvL\/ZVgeiLEsKAOiNg3kJRwOKLH+4H+QOXlNQoaw2G2PAydodTu8OGcxU57qNFbHj6ujDJXbGVlTUxcag0tUCB05Cy7NQnMu41TJ\/ZXrN6bBsNvi0na4WXJ7rZLkYFIFdBapwArt0bSac3HvqTSWdkm\/t2KXvG3WVoFrSPXwiQK9\/pSDpJ\/\/NW2fw2DMfuRzKjN1rj1ml\/HYGRtiHOcaszu9KqUXApHI0fnVpmitdi7WgbOgDSAmni7rgru\/yZNMKY3frJ9aILX9QEcaURvGRhS9889E1BHmYWW+g70szVjd8vyte9PXfgVEiMfaHR0UlTrhiU3UhWLwXx9v2Q6F294dU+97sIGgdgBp5dcACGQvsx8yrlSpqUdoStRUj2a2f76KiYiefKVJYYj+Gi3fA2AvMr49SDPBNSPFc98W1pQ0wASPITmmLfJ8UWog9jMANdfEvwMk7AUGfVlxE4S5dcaVvm2wWQM8Dkp47KZe12kdNzrGZ8eKRc\/ZXK6WzrG7GeDmCZWASaZSbLRkaz0Vv14eRj4ki53pF39RllYKYdJsd9JELUifcjW0\/jOLdrjMlvrJGUWf8LoOhGcaB1rNOvdlJny6v0vF9spUKSjgTjr3vxBLmmGL84bDtxe\/EXaxcgsfOc8\/QTgZMCTMPTfbXxnugDRNAtdfq145Tah9ueGbaHbz4Me2nC8fIUln1mJQ42TR8GR5tGI2KxU6CSzsqpndDDz36p1NMbccXfv4gZ8AoEVmlH\/TzNnzMjbS2oJ1gBh0sSj5wxPaDi5bhLZS2AV27QYjhW5NZegNWQI1YEhq4oAxKKkGFUeDEFHRLJVOQs68jHj+YR1Q\/AUZXNyKpXPREjmdgJc2yJTuqZyvPd0M3A+lgAOgFfRoNTYfqTf+x0loFoYIxtigaMC98f2YMlXeYn97HnfBlnDAeJgCQsKg0LULOJKeaXlOM9PBLj7LpnfUusDFe2An9f3suWWvyLVrxQi8zPuHv+tVVkyIya10zbS0ZZ5IieXuNpXD1OzP3PZVzZ2IYGSOencH8P0KHR8aiiALcqsxj6dL\/kFDnI6gOaWMCGPM44iloeKLYltA3ov8Nqz9AYGBbWFSK8TCMu1Jp\/DsdLXBcjQ73CD+UY7M+Gq0OfKYmvnhpu3cuETJQcEyY7TQnLWEhWsXWIz6UBAUbuCVBGH4lQih2gA5oLmq5W+L5tm90ANpEt30PTPUWKG5RL\/1gXVLgF1eu53zcJdTE5bdbWLkgUnx\/eW\/pRb9JJnga65LR\/pQbqIp2zUuhh135AM4RCSHjqSjOFJbajgsWGCx8rGwWc\/UkgDSRLqdRxBbCz6cx8ItczKwkYUHD8I6spABhU3lqASt7LzzEbg6uCQLs4I9wRsU0QV49gg0N7DmBdkJJN8HNYJjcyQaLiOMynnSN0yW7X2vBJ4u8SPesGiZ5uWUN0WUK7Oswwkv\/EiWDPAjCmKZIYTqIvxUQZQRFD4EuyFbY1G62Rr1fP5DJr1AjbSkoF2mx1IGWaAw2aSdCoaYPHdf\/Eih1iC\/WNHe+FKaHp0ijhc0eKGpJKz55Q3D9XzjvabMY8cbQdnmVr\/katOkpQLvyjtHP68v6sOeBkaHIDORHsrncBYs8OK1U6s35d8WXDQMJbUMmWEMmfdZLrckp6whMBiowHituWul7APwHt6ZdohP0YXdnl1hy2SSM+x8h+Q80lVu2d4yqv93J3ShtUn1hMXAzYQO172hxjLlebb+wuWSAU5SYKCeEu1RvUplNrMzEHubIPOQY+v9bUf8Yl+qxLoqq7VgJhJGINUDvA6cU\/Jrd79AtlM0oDeuWa4rwVH1q3MDraxwR+p0vHcB\/j4eVhj3mA7pzcge66d3wYinlLodHeZg3yt6OHiChNetvgdtIBGo+zvlvHL8vAHqoO+Tigayk4xjc3CCBfenMX+g4rPMCsSs+XF9rnGYK8SD6QQekW2nUTZZJr25yFPA+VQ0PRYWFGz24rwFfS\/1l1hVH+u7NW6rkbbpnXh8HUkfdvuEd5dLeyUU7qkXa6rKfRpm2cToFW3RZB\/4CDMuM4N8sHz\/rAoh+frQM4ecNTMLWkzabpRtQwouNcqRK++OANEW774p0CkxVrH7\/pFo6bMxNYy5nfL5E1Ely57jsrXPtjq+3VDNiYG\/UK58IhjpNLXrVrh9kBuMNiifl1hrTYojjct\/DQXgspg0a3xp3NtRTax+jt40g6UbGXP7NzKfUCc14LBHl4iqK8at4vYwfG6BaQu5YFkCtTGrO59TX4zNCauAK2+0cspkNMkuvhXROKARjbJplJ1tKwgNaMCw2y0G8v+vwnrshJgLOpR77Xb1yNhDJPRQ+0MfZepiSYjOcf7Y+yBHDp2IoHC+o7ofX5Mbz154pHyJPRFYdJx2Vk8WrREeqS3oWdXahU1JNlfslArZCbPIxFzRUk8MsTeQX0gXvN\/QeNxm\/el56E9W9t0BLFUNfzskZwWRnyG\/ORr79XjRcpV5+0flkh6TAehzgPAsDhurtwg2+69x5oGXgvhI\/3T2cn286anHoNUgVWWwuisTF6d4Gc\/omxXuBQxs4x1Hqr49yKaK8xaLl6JowSwGnpWKFPcxcY\/W7bSs\/KWuChuvBIlBHFyxNJ3LlGiaWvA207FyBkQF2Xi8gH3U3D7WgUTobierjGXtbLJBIVBNH+NAE\/xwpisd+BPpxrm5vCIPZDQ9MtgPFDVwD73plG2\/pbhW8iNt0WLj8qFUmB+1jLcrzE9UuLOpeWacXEeLZDuN7Q3dBfWoP2sSgHp4BtiOlpJpON8\/fot7+QjKnbBzuDHADMlEDlDir1ZD3tdzddMF1A9aAbCaYqqZbkSegrxLOoTwFAP2Lz2mhVnje7Lb0TEfieO2w6+uOowvPWtSSMdecL32ElMLOjtaRXfxtukkQs9B5aStbCpdADh7kkqIJith1ZqQwTwkyOZPWAESX+bAmwvpX7lh3g+o4EmduE5vdwAw5\/Qhz16w9KcuWxb\/ubZoLtGHxkYVnIaE0azB9LW8bw5oD4uHHO5600HMM\/L9u0jLh6UfIJQw8tGNHFidfF021ndj3cbQKXlUpOCK9YALBBQA5CXyM9xRR06vL3c5vBxzxF3R9ejWHRFXJAtp\/zAnTmkQ9STs3qC7yAZxtebagTw7VkhXURlxOxCwKQzY4UzjRpHhyFHj2CmgCEQffvttnXCCc7uZQTHB0lDv4xVJsstoBRpb4MN8mcCp+pTvymL5EyDW0HnB0xlDrejKxwhlqYq099I6zfAP7xTld49Kx7NThOePGLKpYzwO0fGzICm4OGk+6vZbUcPVFIoZaeGUfBw6+N21WLogehzh07yIXr9oE1aPsOSga4CChKgQyiwY97J7erICatq8JTMt3cURrPJqogWdum+lZDGgotVOMshXXxu8QQ507PMybzUznNDyHrGQxFRUeelHWlugRTlFNG2u7DdEtv9pB84AaX+GawAxU+hPRI4162cpbz7CIo3qN4PkCVyi15QqHINsxCwGY09+NdVGbVzDNqid9AQTBZRz903o0GKe9A7p\/SSmEawLRq7CdOD0jSCrDaQR\/s4Mt1MHQbWBmXr07Ta7RB6mJYvlFOKUTdi4JGz9gSYi6s5iNasV2FHyGgeCjIY67Q096RoMe2qRzJsiQKK7lddKTvFCVLjkfaY7f1KflbEp1wxqOJLov7KxTNI0OHTRrQkYOYjL7er4TW4ioT6yc\/7jAiFaE9L6YgXlFOeEeES0nDoV0WtXaLP1BM1gw\/pbrYDt8HLIs\/w2nNGeJ7pR01HJN+tU0+AuLyoTF1nuShzO5VqwjfoelfXOFh8LoE\/9kXuFzU8PkZJF1KMlKy0uG9KgidSPsYCfS6bT+SOS\/n+v5wy963vxhWQZMPlqNR\/stGJgFRDLgceN\/1yKiOkz7PyCqx5OfYLfAckCRQBW94c40zsrqt+aHgFCza\/LJXDUXDCaFwjMJWnnlXzUcmkie0RFjVzSqnW+\/GYjP4XkpvdkScJBL0skxbh8\/kR+jG1LAj7JFX1iE9wvXgp159uYm9KL07GwDdrFhMclvfZwNaQ4W6ayJxn57bbiTaAiB5sbLnQLu8FqpBnX7jbvBwD3ngoAy8w15WIJSeJ+AjnZ8JlHLFbdmq2cE6VFir7mIXPuML9BI79zR0fu9kdO\/VsB+QtCmmFNi1EljARuYCZgIvfFcrQ4MagY1DjdnGDCRKsJ41QENeN4cBZlPoTFpmJKlcEqWrOsEz+zWBtuZGnx4hl3nyJGVCfCUBYsUtLR4x+LCTWOFcWQqkD4kcSwqLyZpEoa4fg7ig6QoxCO3ieUjktVMym2w7lpTGYr\/D1q3efPhC\/uCsQ6wmSmOCWLO0djj5I8JYdx+EXN6KdHYEHKE6V6TPaOrOGtrwVYLSvCvs8wfo+sXBThxZTzVHAiYYJ9OOEqD\/uaRMW0TWF5i8hqsO2LCkr9LxAeS2Hvb0CBl7as4hrWbrFTc0MzmqOfLSXeUG8jQcIBoyO6ZYleZ2TYTKCqvMJ7JxclCezv9TjzIWohCTp4k9aO2ScMfjIEidytOk0NpccDrOKEY9lOZbWmStEFv9Y8OdIREt2gsjNWrKAYwHYuJHBlvrq0ooiMPOWz\/Qc4DtRsBXJK97FxVEcpKezIIk\/QuSvctVpkd9v2c56ZaPQLIdgizwDkrsVPOY7ClY9ocaHye9bZurrOjLvIqSLJqwDz1UrSnoL3kbP3WYC5kbHir2xL5MsE80etUZqXGoz8pTN\/qnwEL9ERp7wvDBtT5rb5GbEuVa2Jllt6c4ro\/a3jC7P3cyT7+lkLG07PHtib9\/VuYf4WVq29mI95xjAMqSa8ZzdlFGIm9eHzFwUB8v9iOV31ZKRKc3zvDYZTEkpnCRMlOdGaJQ51hB3w4rB3InuXUmkys9B81Ew8gXWxDDIpoE9VgC8zBJtpn8lBOfmmkJ2ymn6NkX8UJE6SXcbLNnNSRyheNntB1ufqCUtHVOdyTZhfuukJxa4V7Z1X6TFuyVmLda3L+TfSM77BKc0jvjGYi+wGJPuNghY8aiAhCBqvc6gdYc5ixomr2VlSZ6BGpjKQRTVRjrIbhsOupjH3GnFg4LuIYZs\/t5zQmE94P4YDYUH3kBTX96c\/knO\/UmagFEZwvN\/54keLAGeNw6+aabupbafD9I2QSlKRSFQtyM85gMaXUmLbH0TtOzArYrZBblveKJe8IwzldukRhBZ3Ft3qmGHVOyco3IWnk9oWc+Mw4TH83EZ2ysxxGfc1u3SBZJkppjNFLTJsy93oDPgnbn1AbIDj22gcxvgld31DuLdK+MzuaTP2wacJXa2sWNG+2h4SyvX81jNn0IQ21CDLEXUpnlyU9jNT9rX+iG+akxbBF7fuLQEJSXlwfVL0SDb3IL0YPEVboHVLjGIPU2CoaRKkOcv6ZjkH5R7\/U27T0EtglUNiuFMVjSH68fungEIcKqqw\/mMJcGcgzG6Il4VmoHUhtd8Dhm1CWx1YBpT9dpUqgwkoSc68R3YvWbk59wUKpBcUknhX1FzY9yUm+FZx6+fL9ngjWwya4+blRa+Mi+hhjaJlgb\/YnhFnTLi263vSQG7UrXqZ1xWWDCtKQXerVOiF9msPEBZQSGYo84wNlph58TDa13JxkX8hyNh1Q1jciPETDNO\/Vm8syr5Yalrr1NE+xYFt1EN+dIm90SGtQ5rqwf4U341P8H0ECvH2hGE3lu05yBtHkCfo0bBN2SSYaN8jbYO1qmH31L6hDpQYSwkIPnt9NCJk4MWJq6CM70LiHIQxNyEm9rUVXFiA34Ap1IJYJUz+bZOyGJRkKqdvpQ65I2ksLHlT0EExM6oKSDaLZ\/noXritIh0dr5\/LhEY2Zuj1LQXFk3ctpGp\/nx9H3Yh24SIQ0CYdZRZoTsHYeihAJ\/9g97ycep6UA3DhdUdc+gekE+3a0AJhukr\/aAAcZRpX7xytXriSZaD2S0n4Tl2okFpvChLxUgdgZrFp6RIi6tfJIBcnxh2AambMgYyxh1zoP19oeaE7skEe1qBhkEdIUL5nkLe0D4YKwo\/5x0oO0KGRs2ueGefkrKVMG+wsrEpmIqDKbVsZ4x0VJzwJ9TsiPP3EZo30wAoEFfxoWut+31GjWhQmMyz7skKWk94Z9gXSp5ScW4pWtNPR1wgcQMxAmgyi+FH1Wa72WTBTBJg+o96km6DH9cnDgEq7DmajditDajoVSXHQ8rmop8UHU78PKAh3zFmINzuZ1U4Cq1VgDE9qN399GXeR4M+hCIRiQqyEcafv8Q6MrBDZtPFgunOIOaIMasblO6JyOq+KAKkH3X\/RVs++7JICgQrlO\/xPWg+k+Kz19ATYdg+eoCDL2PmVOXnqTIPyz1vCAwSifDBfidtpRX4gY5KfiIxMtNefZi5D+TSgMTLQKHBJbWMyNRxuBa11Yf2dTuY8ZntOpa7Dhx1uvw0QCOe4z6p\/OtVCBeue4v5mAvcznHKd2R3kHSuzlkX0LXEumCvB7JfdUkOiHKe+wxGTlcFsVQ1xt4JB\/lTwYHMyhR07obyqBzSmeSOlj+jCA3ByKqihzbn4wIj5k2crJd+UwIrZC7hsdGLLBo\/QqH7a9bbwdemyySizle9MeZABniSboeuuMi0vFkfe7s78qgMnXZUEB\/bCzqXz4+TmKuWfgL7z8wq2QWs1H53OFI+BjzeQIcWD0Jt6ltDoJLciCmvkWmgeJAf1hOzjMv0OCzs6q1NDetzyfRR8L4rzeR8LAiHvao8SuL8VxT+lafvR\/EUVg33nsc2f4j+EDQ+XauzB5DJcnSanDT7CDwriBkxPROHPxEr1F74EZUBogM7eAABHq4qRmSv6LpwrLFtFMCt4LEwoxEK4uasNvxRx4iEDN9pobzshei66snzHvvsOoKLr5CtY1l3tOH\/i+zJah1ycY\/lfzwu\/rKoJs7C6a6bM7fCBfX\/2sR9EQYo6fif6yyAOYH+RjhmS61CvzYFXzmSoWpmHT110bwBIN+WsKZ1\/5NMoKvQMR6eKNxzvaOpqZQK9++HOZq9NjAYRNqR6f58kiCneSSRSrR\/AfvshgwVuhjsf3ZgMkHY3Mxy+VRz3EMv+5V791uiY9\/JI8OGTrRxiNlSXCgjr\/x\/sU7RA2Riwiz0+hKLzuY5Tj6sxmMQsFvL4H0SelVS7RZC72LxI\/0SexqNOrSok07ifSlVPg669Ag\/GKuIzamWpKhu9OROB5KQBy8+a327zAnWLepiiW5Qj3n1fuMoQ6sfoXwJSZ4sEyaZnohc\/3dnIdOI8P1BHeFm8EW4m\/D6iOQk5TUPS2X8mcjaZSU7HntTPoF8fLLzyi2f+D6H12H0F5MC4Se\/YlHz\/5Z6fAT1e9mqd6OtsXMw6mL3zuVJpax77do12k+T4iq4Ox\/RjjF\/BLhAeB2DvMLaVAeQoBKSbeQCRik5O4aliSSHFRSXtqsisTW8qe+Z2snzoySbPIPBMsal4Q+O9MIEiQVxGVym+jWQU3gVQD5EUcw3dJjjhaP5Okm+Moh5lY4ykFEyM1OsUY+O39k9jpIuCbXUEqAAHy6nNDCC8cUKgvz8kO4goXP2PbsUyXjtek8Mx1G7Qbrs+AU2p1MmGJGtbulNsMLoLVRIDEhrs+b6Xb\/FYeDS0ZedOz+koNUiPgjUmCCzUMTUTLIWHX5FIRleGEQaQNi3MsJkVcsEItiXk8LqwNaDK4rtPQDjJyBpC\/WzNWRRBxDnCR97DPH\/1TGQFlB+Ctugpb7m+wSVLlfmDEaOlovKmr1iTY7l8+FzQwcnrD\/lYo38T6rdTgnlqUul1\/Tz8WkqJTvqeemXnah4IEJ306qun5mKXCTyrid5bUtSrgMi5MxOt7daU4MHpEXMJ9S1xgHFc7nfSpwIpdBThT+HPUWJPcVlTZWLJvwm55VabWyBjLpcV94t+B+p5Qt3UWE+fEQ\/G4jvLEbGBZ+IHsqX+WdTfvvhW8CFD7w==","iv":"510deb41523520d897c8cb8f7af52506","s":"c2ab4cdbe0693215"}
Share your thoughts. Click here