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Dec. 24, 2025
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Affluents struggle too as COVID-19 financial stress continues: Deloitte

November 18, 2020

Asia Pacific was the first region to face COVID-19, with the virus first emerging in Wuhan, China in late 2019. Image credit: Euromonitor

 

By Ellen Kelleher

Although consumer confidence has rebounded during the ongoing COVID-19 crisis, many continue to adapt their budgets as safety perceptions shift and spending priorities evolve amid persistent financial uncertainty.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Estée Lauder Cos., Jo Malone launch AI scent advisor
  4. Dior builds five-story statement flagship in Beijing
  5. Kering to acquire jewelry manufacturer Raselli Franco Group
  6. WatchBox looks for growth in editorial integration
  7. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  8. Burberry bans exotic skins
  9. Bulgari names Chinese actress Liu Yifei as newest global ambassador
  10. Savannah College of Art and Design debuts SCAD LUXE research center
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