Research
July 17, 2020
Amrita Banta, managing director and cofounder of Agility Research & Strategy shares spending outlook in China. Image credit: Agility Research
By Dianna Dilworth
A strong sense of purpose is at the root of being a luxury brand, and now more than ever consumers are looking to luxury brands to inspire hope and direction in establishing a new normal post-pandemic.
{"ct":"brqpI9hu9BjgIZKYhjuG+9gkcp9jz3dVPydE2Cdz4QJRae8mrnDfi4HzYSLc1dtxb6eKgijuyOC1Y0d+Zw74jNRYHNLVWTPJuKdpJhz9VT6HOZkdzGQ9G09QTQ8h4q\/fdX92oBEP9MlROsrmBi5tDH\/wZhTUd9DGW5tGSrXwLC4NnaAcpk7xCpoHrcCkyCBUxpJ9D3n2x8iK6B7eZeIPZLSb7y4DvjktFBp6RbNVETyT0rWHTVYb4yW8FbDBzHnxWjyK2qGKaSU6kJKyCfcCFCJN5xn6J6tHfNvtRaUQwutcihKcN+WuYRv3EYSEGJcaNZTcu07dRmVJ+VOJWAvoS0TyMeJMpguz\/eyOyuI\/XMSGfpqbyECxYIoqaCShhK9pbmD2HlNku4kM\/VT4\/TFaSy93LWD7IZDpbl3ulMWN+OHLjjqlgjpyI+6BwowDeDIgZESaF0BfTHRF+dwZM8XTBng4zajbqviafR30ZaLmmS6Ec9cIM4n0fJx8OO5yqv3Dge93sUPa6pARA6U9uEeGrdj6+DF+QGH\/4tfxLY4lEn0+o0rUO6T+F71z+uxlgTknj6hKquSMBkOKOGD+XrNDZRlvYbxWP10SKkEGDNqt\/TNAcOZBHAPZjcBFeNyE0BQmzAd2o1ha+ejvnMVC2Hr7mszVD6ehk54Y7kMCjHSbKy0YhP2qnKPd2T2GT2dMo+oaBvJ01j4QU8vmT+EFytkX67YylZ\/FIURXYfQlK5fOsSPYYZWvD8d54\/kA2B8aIZ8yO36kRGR8kD6Aa39q\/M+Y29GTAVaWPMXBz\/QM\/ZyN\/IuuYuTFm8S0imyLJVDpsZI5jdoof7TUratGOUr+J67LVW\/ARZW199\/Xot1B7wORa7e71I5tsVzGHVLrVGlQwfvla9EG6mG5kQ7+mIGJ+Kvc1YKLOYtaZ\/9pNmCGIFapq0oNlsC\/hQh1wAuxqCnJgxedlYDqq0yp\/buEvbByNihvLzRzFmqCdNO\/EUJRJrcFru9FdCdhOUDS+3fBBnvl5goq5Zb2YcbfXV5Bsq6NKZ0KxQk2XnWLz7WqiTSpvrxO8unZDKVHqIErt+U4bi8\/IVU2YiTIZEOkjES1XyOupRBoiZ8TRz8AesxFKlcZR6XWKM4XynMDKNlvTfJGIAgVt99D7qQja5YHaoTFlYcuFBtbPZq1FCuHBGVDRwmftGr8o6jCiF+MmTRz\/Gv0EuIMDQZLzX7MgIG4pmQtXC6QTqE+XzPhFtXLElBAt7h5jLkzMLpkQdZV1\/KBZ2BuQILeD6taweDg8LNyYERaem+O0UI\/ClUTK66Ro1xGjgQooXto17wZT4zkci2PRcjZX\/ZmT00w\/PQRk+272DIRdsESWWJz4zPveU4uU3UWT+jx4hdlDw7HXHBYjB\/NnPbnXIqpfd+klXicKzE6yQYuMiuN4Yot3hM0Ft66mB7tpNWoVPjwhj+CyMsPP3B7i1IW7oWfjWbFc1Go9Lguryn57x1Iu+gynB\/oODFpFjloQalCAP21QL2ZWZnvamg7F7tjrFZeEs0CWHKsRkH7HcTCBdebs\/ZmQoAwfNUIzm508fOuuA7pWbMrJbRZl6Gdsp8dpWlkxI9AZEcbC3+ia2scX2frjX+kK1cI\/csEumxkPnpulhsjBNypVx0fGzjfU9wnAPvn0LmQypWM86rR1Ju0cMj\/4U\/wSBGv9KD\/u9LCYj2aE1ZThtu8YjK0rXFzb0hm3zAUKkDQrAiYs42hx+hNfG4E917jSocMw4aYEkdppYQJYwUkwbJ5cEp4WSBP6xz8iGHQLmW21GHB9yc5LyDYqZmRV7ItRvpNni1eSNBFQRBICuhB++Uo086MLcp1w\/UbbOL9TnhJjv2mPrBO1XutNIZMfdFVlf0M0AwjWid26O4JXREfUatA89IFw4Nbo9XgI5odhkvMnzSI1n58giXNZ7h6LvxMSb\/HYT7xVUyOhoW7K12XwG\/RDJdlfzp3XqcO+\/gPg9d7zxvWP7KUVOin22RKe6PtMgsz61HkgbLqwvszGTNCxgtsRZwM\/yJ2pjXh38IqpWTlJKLBknWHx2Cg8QqbgflpAvIAF88KEPWhwqDO8Ib8TVwf\/1MZ3tPXe8MvI4R4ShZjqI01bfaKbVO+FwrFJFmUr2aZYai+2PgqDccudLOHP7j2ERsCumrJY3Tuq4F9xvm+mQCneDvJpMxCO1fY5LmjzlsT\/gBn3DPOgveKpmeIX6TWmkN1xqzvcE7GXgA+\/8u5k1hy\/8Ta0j9r1TcdQTPExe8y5ysckUoqmKwaQu7W9iFFWheETcCXEU4AjmT4eilir1pIZEhru+aSnFYBJQVs7OSlXY337nXYuNxZUrc9VfJWTx0CMV0aISV+wVha3QeIlvHFWFN659IyD4727Zc+62mIYSnWA8K1sctYmMK6pHb95VHUnk3cmZzjPOgO\/fSlx70\/0F2Vi0ejDobWYfQT2jlMRVaHyvhmYU2TO2FwzLfhOvAS4xsiCDNizqTx8Nz0bXfTRoQ3yHRr6IU14eMtya3zk4hbn4\/XthLNASlTh7HDhp9J37u3mSFFUVjzyAbgu6WB16+PsLTfA2hF1dqzLA1c6l9IVt6kDp2ibh7vgwBtwM18CLSxuASUFGH8w+lep03u\/NzmQSF60FtADrQOpA+nrivXqqTjUSDAzHIzfGjbURNUtDHWTpYlP1KXj12jf99lIvbGNJGmoibo5exje3cjJJiKx+FXE05UsluLQZvpPtWyQC0NhCE9yu1O6AisGNbteLeV\/cg9Ycs\/1XBx2fTe5vb5nPFF\/EXfO\/Sh9MRZ\/wm6W6Z6wC2SVIfvLlqiSmWJ5CUJxcbuQqj4X3AVZgWVpiayULxRb9vv71BMfF1HUMqqVorYgC7hgwgjkjxllqTJq5djCY1ptLZSLM+MTLQgJF8Ad0VYJw\/ehsULPNfovG7HpnPr4Kn2+japMDNpsFaoNiBqiPjvIpUXzwnCONYT26kRBNHvqHE7heN\/tmS+tTRzaxoySdt7m3zUMsNkdvlBG10g3x6LJoK\/Us7+Y3MUMGaV6G7THsVP7YI3fV8\/iCQDmCfecfVvzLL\/BdyUwH6DaCGEWKfX+63VjK9P+x\/+90CNjBNphsvxLcPJ9HjH0kccLvUF4vokU+yFd6xXUAt55uSSVRwoAqa1z4f4AvodChkQLKYqL9gC5AiU1jSLZnZCO780ZeeUxRQJzF3IhU8UrQpExRh2OGtAGuH2rFEF7UR3myWY0UuZILjR5lz2Hrf1Fb3AjBWZvQLUnf0poZJOEl8aWryBZrJdf1gOdK+Sv6vfgSjBV5OzFhwAUi5TX8+gTY\/JzvzNxnU7G91R8n383teXliaxmGTXKtpvtGzqWNTE0gQcziSLbaTzc\/z1c1OcdN7RR2acozwXaETPjLKT0q6SI9LlnxA3vdQ+Oaw1v9KJ6AtKyoH2qNL0TBRm1UPfJn\/Vk\/EtO6Dbm3DmhPH0spsSwSc3i2NR0HLcJ0GOxrnpEib3u1o91g2juoJL7NT2syY6njt6HXuy9H8i+TvfskhccZ3raUr3ISknJx8yNkUc+CMwOAuVxA2YLzMTBqOOHp4mSv\/KiZeOl8u766EDe24jHCi9gC0dSJinpHoZqYNTGZ3n1+ccEpyF22e6czDXGD4xLvBZyIv8SbPtFFx5YA8hJtnr8GcogTft1G56xF7EuM7r8GL93DU9K8mJmVDTnbool84EvfLFj39c9qiOTg8h2OScz1aoEdTR\/t73N+S3lh+t0C5IMCwdqEG3X4Kt2VcA2Af5Tz0jsc5mwCf9XAK+2dejSZZQ2QSQijRIx4brqocvLF9XpmAfaBMxcSx78cPa0ib5LqI1cYHr5RWBvowvWU5js2ybDR6dvmX12iSebgYhx6mg1uzvm1rplPi+9joC4EzMFEqF11SSysICJ8skJhCffMcBfFqHzHLoFlnVa+JU5+20vqvSDJY04Lf2swr3OjLg5TBQNCdESP7OZurFgGFxRDP05pu3ZqaDDkuPgvWhol+MG9oiypqbU8JbMGJVOknlZClwDHU6NgloZ7jthQ25dfUeusaoUcdOk8xcySDFfXg59sbxUMqdQZETf9+YDbxVtny1S29zLiOXRyj0xZuB17eHGc6sjK1pr5zaFSMz2sHKw04o4bruEQTuOTaRfiz2I39PQUdFtuL0xwUeeEPeU5dUcXhHU1jkNf6pjL5e+DHx+ZLDlN6egHn3uLWYqLJDEEjrk+3wrG7ydYwG2S+2ndTpMDbWrN84t46aPW4laKQopj1GnLOYkrM\/7omTszelqwPdMqjzZyg7Q0FykqXHdaEkB5SYms\/VaAf4z+uZQJAYPiC7EpU5ajqDIIeazQyNnzF87AgH9XihZy55Db12p6FnqWFyd7bcxMtTa0Bg1U30s\/EoDwfedHUy\/ku6H4vfM2hPdKY3i47PcQyPurqCBj23o1\/PQx1Eq20aDmLY4x500Ou8igESyIegW7p8sTyhyhPA7SNzynHwVCdVL70YfErU9iP9y8IUDTphdmP9LvToVHDUS9GUDX\/bzBHeJtOruOVIvrc3lWi6DK\/LLFh+YGqt4kF\/Woax9PVIqPqUr4WTYZwg5DLQQQhVQtoOnFqBq67zVmLc1fOq+JXeZytnzFLY6hsiu98QNpVt6blxontB9H\/taWoK9bVgfYcn8a3FnK9I8oTnxwZC0xV4UfJiRp1eFWX4Snn5iptmItRv3UljiZDxvtv51rMFkwqXowvondEI+cfbgJs0aCaMmNiACHlfwVfaMJoXtpSpMonHvjLUdBXZYadodpRlU2138brbNOmQ6eOiRlnGA16nx3ZUij9IOEYnoHHGBl2GlExE0qn4PBsWWgG+PQP0lP7qk8RNM8jeGFLmhkZs7i2EU45tCw9eWAzRtvxyhGN0idrujI+OVADctu8zY6p+G6uc3w8ZYbbJQCDJeiLp0WDpMBsefZUiFLDQjvaEIiZ+GFZeJdnCmr+3zWYv9mHm+3jw\/wPNWG\/Y3iyeli9xEnXUCth080NaYaBLuh\/0cbo41kSAHtCzsDEQm\/seCeML66iIQ9CndaNJCfXhzgcOI+BM0a0aVYGH241nTaU5Tr8W9D3W38d94lZUyNq8laCby3vj+sn0qabj6vmyqmyMflZ9UXr2EeMrqgtYqnitIU5mY5wYPPMDrIFuF\/2VbMDcgpa\/woZV48mQtZf4cLfd+XdEWNJycIAl5zeeyPVvsrQOutxpimLoPn+2RE0JsFFwBcdqLiDJ7hv0cznZ80ZOpG\/p8jfzn53pM0CEbrt2wiQljOtTQjYOKEG7Y4o+bbeRJydK8otC4yMabtURu8w8KUD+lTKglIIrGTCAqDZ\/kf8PAjcZZYeYCqFaUqoI0lTh+Pe+Ls3GZbkGzJanwPRc+3FmmfBFQlAlLZLG2FkBN3BnmS1TDkIRsbfy9B+gDdfesqc8v2XrwSCs99ZC2\/2aMwyCmB1FrdG0bqscrkpmOv00AOxim6nfqVX2MRlLuFVJ\/5mO7MZUE0Uw61OcK\/W4C5kBm+JZ+uActFrsE0cQPcDkDkMe\/v0pLLo7uX9K1oiqCTWd3OfvBxZ\/Y+KShthhsgBZvLI2cq4bkHyijZmO4+XD+BnmSAaIqwbSkQCqdTg2T7dLRpLzB8W\/XMmvmSh0jFSBOd76P9lkmIUGlv38Iu4NZAcLHzRswa52moI7SBj3m3Y5mvo7+vjQgQY7IZz1SwhX0+AKNimOZPfQ4Q\/YvuYMkWHKk6PxnsMbPOuhBz9jYKtm0bBK11p+Zb2lC535yQSyD5mt8\/npR8sz\/8ZV7DmjWR0qBKsDgSTWfBw6CKGQuxfvPp+chR8ON0DwDytkCpVKkyqVx+qx\/XAPkYleYJp8JzJ9qOOu7A5HkdN4lNoGeuiQTjKoLcOTt8jQIOpx0gk2pKdSGhhwKjn62+pJXgBPr1YMmVE2yUPMfZxJ6Vm4kEc+Nx0ztMXKBZL5XGwtspEAzeLi18ExISQd1cgcmhIJrx1FuGmNL+9kOwfqM8DiQ46htmvLOerU035+vbbhMX6T61EezFo+et6mGYb0Vg0JlyMy3G0B+2UfrWbzlwXLIymvDdyTFHCdnYI5FQQTmJLpgcjJSiVffh5Y7xBjQ0sHOROO3dif9mPnh+pNSpYWiCVhCt\/1IXsTqunUeoYQ0PSO9nq95ijEiJ2OVamMYcMk\/cgM9JnMb4I04vFNuMpaPETN24S1gagRdeKG9yiz\/\/g9OyYtr3a04UOiF3yZNyd9CL\/LrL8OGq2aTE70XkzVu0rUWEQ\/FYKJMZ73K594RwCOw0GwI4HbnZB2dSqEtlF9fHA0kQZ9JLpJBwpqCI\/DlWdblzAiZ2mLZqhjHRMziYaYzrsOom+NEi26WY+gzO8JF5lMhTvjOTvK6DuB6Sb3FsT0bHRmLvHPkkeaX\/cLztl8W+B6uVpwS7K7fHU5HZWX9RALM8pWp3dNM61TDpiemowlF1S2wLZAE2lJ1F\/HjQhMxMZiEMr65hdlv6St66gbpopzakIkXwR\/7zqjqonWAqMm1U6nThggF1oc9325cvQnL9+U7ovUjQD9Ms2MboE6IqXB\/2xJUdy6pp39sa3QhV2GWAwegMppD3TfHMwRKtpeByCGKXG8W\/issL4xF+m+3tUynggnsoSU\/bfwTcjnCBld+2dJW62cphHVkrCdMNBLu6VUZVw8ZGFKtwb+fc2qW7KuapsTaRMw\/XQyfsF6SCXg7a\/Die0IqmjiYNR4Ql0V7rG4d6+A8uUHx0rTVEPDm12OOPsH4mPfODt0Uyx33zzAHdLKTlXC8Ym2QHji3wtYY+1Eymwb3lqn8iIWEjdSos\/evu197oMnle2XP6kfzyCHOukVmjEvnqwbqZR2vIXGAXQ\/qyF8ZTOinjZZ+ngT3tIth0IIYdfi4784IO7HOeOtjP5DuN8GBJy6IkzYswn9a\/SGWZxHLpT4GulHzTZKAMabevrz9VuM5cBgCsBLIWNtCvn0kOHwbT72Pb\/7osy\/kbV+tVUiTMFIL90lxHp0vMx6+wPiJmiWl0VmM+ICo6uG70C16GHf7urvOaGZiTUOyVkNUjFEbomsOZiv7APolJpeizyXrdi8RjEQ+r3w+XAOg8BL6Iv60hqRB3hyT37\/20fO+ZHc\/uyWJ2yAArhHLe0iuGGeIj5amUjgDrO3As1MkadpBRW\/fU0tx+DQ3mCX6tYu5OYQ4UEbFdq5DMXrJJBFJ7fwHN\/jIofWkUY7hJBaInFczjVZZAwoo4Z6rloHxh05Kl5eDAcTiHjcz7gsEWd\/a0+WTEiYRagW\/g\/TFzMFqF9YD3ITxUi+sqS8boLsxjzOKWh6XVZMtlW2Asv7dVzH\/prnw4b3e9d+UFLwjjKz2N1ZVu0zDzNM1RiMGhiuqVuWEPVqxyzb4ywLOB\/YMLf+IuGCVF44cCHP4mED3Y8mvW8fBDKlqvuEnGMi7ViWU9B5AyQAQp0j46RBTlsgb\/PZfCFtLJhgRn5v3gQDvgiCW6RPvAbLzti3G4NoTGGzSxE3GKGZtr8YYgnTNcHdtlKInIDksGISqnxcBm3aWrkfH2VcffKfnj5QF2E\/UK2vtn3tker\/7IHDGhujcgtBxVr7vHYTitYJHO7dlQDlekP+un3KumFVZPhhByVDKbNddnFp2+pwBmWj\/NkHwRyWjq6bIBTa5PJT0qjHqtK1I1XraKokalOx87fKw7hHeW+oD78fEwmA5jFh2xnp1L49Ow0TJMvigbmDf7utxn1Bg9Fzv2sDcAjgbieS+wKKjsPbC2XWi3G3ivBourbuHV4A2ahgUo8kzikiKHu2u1x5utTnKcIPCzPStppf63\/HA9TIyRL0ORGzuv6Km44zi9TKakE8vmshhYrz8VHWqXIxrTqpWKyo3QuYHSLls8Crqv6IBwFWWEEsTHF51B97+0oWzbr5EcncVXYe8qcKEwNxmQlX5zy3qkvS01D6JSNm8LeejRLmZh6\/vc1oSPnhAA9qi35MCZYMv3PD\/pJZl\/lYm2H6V3ehdduZ2aQQNuo5OCAWQUKmt\/UKfPtslcfuKHyx+l12mXIoRBf3xOcLzffdPjI5lg9BOtaWq1va8P0AEv\/m3KkxDWoFg2yRSKXTOJnP7bvgJ35WecbIdga0ORUX8h8intEfGpwmIwcCWm+qyDZRUK3m018tDR7MJGOMzPcp+GOfU7hgyQMA5Jgkl+yuRojJDFGHHa\/kg7muun99cmuQ\/2suRG+bQGhDZBU9Yr0tnHLNS9IQMEbsF9nftRjGwRvsIBHcqyVEZU1RwOJpg3JRrZiL\/CwUpRFW6yHJ98kiktqSys9Gnr8fAw31JDVsjagdF0uMUJpTUyBF7U+VLmD0N8c5LRWT8N2YJ5KW0UXzbfK\/EA1bY1eltyyPdGFnHQKKVW5GWvj5lkMBrdPbdM5nCCWK7QPOEiGfrtICJlTNJvLYQ7YQyWQJtD7uL9LTwyL7S4OeHoWfP8Gsml2i+08egn4Vlwn16F8CZ1YZN3RRn5ppOa\/iCKzWUR\/3bCklRUBeJJDK22dVXvz8hfuPHPDT2EdCn2wOT3DC05V7OnFJi5j5QiCCgHpu2GY00wALiCU\/+GuxknksFT9TWxzPX0IpDP1+XnvlD4CVtEJ6vHd7O9gJUIvosZMZJRn4xTFGjUjDdIsY6waqiXDniL84XIvejX2WNZfZ3DmIdrG7LxL9pvOxcwyCKzmhdMB8Xxqdpmv+86UftSYnR4HcCWnjeRts30Bk+RcivaRu5nFf76QA00ANLdFL93jPVhksxQfuiQ7CUPxec1z9MrZfty3Q5Vfeo2OPQFtQWGHFFYaI77A\/sQBzc\/8POftnik6bjIKF2TPxycBwlpoQMnamq2y4ZuDPIPX8vm3yJMx2gzilR6DJSeTUWxLybOD3hYg5b3bIkeMWUp8kozNOiaaQr4wGk4EBf9R8guA92f\/z5Oy7YvkHSFh9\/FAS7AKdZg4eRX1u6eNDL6Q\/VOOtDPrHbIfMGHtvv1\/OChzeslH4lzizmKJlVl607fqqnAh\/Q608ja2sY5b3+1WgUDFjm2caT5MRDUSA4v\/wGl4EcIUfo3ys+hlXmTkaRd3WWiAObJn4VRdqCiq6uPWG4qciN1aZcHohIfOtATUirR6rfuDd\/oMSWMFvWFeZQM9d+wFSqQLrdgXw0ffUhuhBOecCodcp\/EL4v3jRtepaoV7gBzArhBFe8zo2tFbVKZwQA1RsqoaDvDIJyV0w63aBUUNRhvp6PeKoJONy2f7Gh\/mjDDP4aw==","iv":"a1ac32586398db165c92c51bab7be4b8","s":"3b5e001904b837ff"}
Share your thoughts. Click here