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":"4vd10f5Q\/oWqSYB6gtZbdt0V54DawWzx3CPUJLz4ONKwFamhukBLGocFve1RXRCeRWu3cVhEJ0HOtxMKxcWEp+vygc4IwEERCNHhrK7fs+nQywsxaw2Vuzbil0\/7cF\/3C9Uza1UnZs7M7mjGhBcgHKUXZA5rJj+mfBaA2fdcV8qbfwvn489lQIdSWKlq4m9bc4yXDFVkgRlhUECTMgvmEe2Kklpb3hoX5lncjy4gHfJMdkYANZlp4xgEKC0y5vmJeF+8g8NqH5LF1mYhmhrQPpkXodSqzdkROWjg5uvt7LakpzHMD1GTv4y2n7ydS4l7n1j4C6Y08uMVzyivP9w\/\/IPUVUXRWCmSRh2BgYkSG0UzUeC8vyJQXrw+\/Mq910OoL5\/RM9msU+njUXVF7d3vKGjOdvNcylSwVDBugG6NXnMFzVSlQg8qBNbPoCYY+Wu54FD\/K1z2jvptI9hPPSBT8pHw1bNcTLKiTDT4yzPf3kc9ivimGoC4qHQDogNoTw1vXdSsrpaNWmA0eAIV1tndEM1qv6d+6wZJZ0XCrrZVwRabAtR367EWKXkmt0VAcQ++M6jeNRlxQFQ5DWKW9Zp00ec397X96vf6xXhfrqifP93VFz+wvqcx40pkf8BYYD5H0xX1zT0RPnRtqMMQuzeSyumyv1HoSb0oEXGRBesiop\/9OIkdJnutiQwwa5yO1s4Orab+8s3bOY5YzpWc\/A1MRdnhFH4fvD2bdY4vyWSa2qPM\/HvjL+BWMm9Q4Jt7dFpVUZkgsxb5teLiquh+JYBNY27nDfB6DY0uDoTvuG3kcHU4bX8CnBuuylfylX7MSURNQf7fU5eQfIW+9Oa6Nrfal8QzrFmEu72uPpixIeiN18RbICXraYNA52ftp3LEwZwSGEew2oEqRexE9C1NcLmsT227fWuUkMldssjP4Ko6qNEujxGmYVX0FSzgX0ErpSH5IYOqzJ+lwSS0li6ATOGBV3Qeqq36P4DJFo5Cc3jkZQMrZeRmcm+DDD3w0qoon25w4ommUYbyponkyByhJcWT4FpvsAl4axgx0wY4y\/XBapquIbxnaPXH8j+laAiAOb3AU3bzBzm\/YQ78hPifZwz6HcyiHnwQAD0XP5nKykvY2szbxWciz6iHTj6oyfZunULAs6cdQSmjWGVLid3dEu9EiPtqNNY27zNyS39xSkwD93g5hR57y5rqd26jGZbCCxNMrATH6jD2mR5n9mLMdR9p3r6jcloYk8v8S0Qv4I3GMEoWxxkQb5x6PsnJl4fRdHd8nwl54UExTyfvg7QMQ3+KORQQk2P8ihft\/pRPZJBb9vGTPanHywJygbUMq3WWzrWHWwNgvT3mh13JydAvOiULe8OhQSGl8NI4\/dPRwLADudb7IWa6uKYK40mtG8CBEdOZ6enM2+qAkR3ZBh1JIwDXiYn6WZhEAwX81D+gYwShycg6ggW76SQpXnH0K0OzD\/IEnST\/2FP9DAYgbrK13k1drZfAcBdLaegWrsc0Oo6nkFNImkaZIFw\/W4hjPtuOk7XiG8hU0L3hj3zgqUr\/VZCPW5I0eXlKg0pyREikTOtcatAz62BY+31bdXmRipp5gWYC5k262MxJea3bdrDvKEIXJcfD5e\/UiLtiMuSvTK0hLzSwulvD4xsL1ED9NLsW3HkLJRcGsobj0a6A9BzLTdsajdEYfiTHUbXUoCO6EJ0U+VDEH9m3BNjUm7KGEQ5viqJwirM8RH8G4\/4nTVFFyErKD\/Nnj71+0ogciqlWUmgQvW9\/2V3o22fimP\/U6RUx6QDdhZCZYNPpM0knm6bnOcWJE4RGWnw3sVTsxCftq30QlKHn9wmzF88g2MTBhax\/4C8lSJrykWAeFxDwig9J8XRHFTuNWoFMA0Xe6AMux4ol2WplSQn+7r9K2F7QoqYSMqYQTQI\/19+VzOObnHQma4ZeDwA7Jp2+kvbNXgB4r532UMuSCp5a\/atEjN0Sd93+fot+P7oiOY83TxwkULdiXNDWkKslrFlKsezFRXSSprGC0wjSWole3IrmJuAmW4YoFMw+wwdJHEP1CKLBKST9bevjxYwnD8PFgGSv71KFBN48KZvUmN3iR2Lbv+Ky7bWOcXPgbSE12yDed1EWsR6YQVEgKriIsvy6jUaw8f8walbRNK7ZWpD0ag+lHeS7SDxBHoiQbriI4oR74FeZjOUkcUnVN4NK7IZUHbQ9eOIHxMk4+sOTQoX5VuWgiXC+3WuOOlACu1Zw1z3jMyXa4PIzFjnkoTyyDrxYl0wTkLLtniGwd2JEZMKOKVRWqbFZHf1uuI\/umX8j4qKKWPSiJQyIQpT5lo3EpzvtfsjK5WNck1oZbV+fxAeRLk4vRw5FpsYMuPEzfxls0uKd\/MTlYwr4UGwr7oJ8V+KTqzX+n96ZvZhS2FUEtVtZgCIjvgv5oLVXIuaFaV9KK9v5dMNciXyCq2mJuT4YMR59spwivQSUvE3l98J1clH8JE+FeRC2gqtBkb6gEnprp0h193GsrbkD56d8Zk8SD9PgpQLyAbCJh8Vn+jSaTmKac1Svh9dSVxJ\/QAxJ50mwYld6ubdSrf5mhhY1UaShoS6YET9s2spPSW7g\/jQiGRrJwq6nj\/tZ5wmU8rwoLlXfcYyd3US5ZMAfmkrZZ+nLQCwAs2XeS48JxP\/cTTp8tyjV3w8qbAhsgPco1VxvKRrUq5boV2wh3xN7EEL8OMIRiW19RQeo3fBGDZbSyu0Fk1c1XYPlX8FLGjEmaxeZ8SvCULm5XeZI5KBN\/7IDl1Gr+kxm0RperajeAEIhx5i3C9Yr4xYZ3BFS29oEsVe6mnH+RJrMiOByJEUL8iXp4B8llqBZU81XBo0jon0JtLWa+3qFgM46zRtkrQImdmUUpx0rAmqwQZ0vaYB0i1o4bTgz+WDpgtOxjeO3x\/YnPiti3WaJMPn65mWqUSltAzjYcMRkt7vCUBQBqHneGFsc0VolU3n4piai71oJK8mojtJsY6qdRPmPKByGZuJWsZfainng3SgVWpmwrJuprFNsYUUl\/p6GfSevFOqERUJzxDPOJ6w5HrOYh1+IiVe9GXFHpcMs\/Rhb9Ts5BMtq3+RSG+h7gvUXVm56B1E2S3bfK1na95IY23iy3Ze8CB0p2utrdhhDjN614dErgI4PdpW4NsgTH5J4NgpAWqv2t3unJM7vnQmvEGB2u6y32\/WQ5N0I1ctDmWijDklMZCe5pvLWlu\/VZrVAUaMnAQdMZL+o4eBxc1JVrgXguYRr+H3KPPapHYI63GEPTnz\/PBCXNaAKdAPLj4hX+g2Qb2cm4l2D3ZVCREHwv9JnzTJYBg7JUrnViPmgw0ZTf1g+ts1BBm+UdxD1XqnNWonLqEpLoccBptbQojUXzEMHjPS+04vOQHFgw+GurDM1FC1GxN8xbECBF2q3XF55kAyDyYiaJRJ4YkDlDV\/aMZlWCbfxjqsweHO+bclGwvdbGM9Xfy\/QarPxY5Ricv\/+eVOfLFfRfFZpzaRyrqyrLHQ8b5kGCvKuYjAS3WvB+CJ+kcbb3KFjPR\/mBM5TKhmvKAEoIo41dUOncCtiS2nC7p6VXy4EmE57fwdxt6Npe9X6ro3345p7eDbwqEjaHFfYODzsRqdZ5RrSmlltRyPrIn5RAJAUNu64KmgGGVfHy\/vT5CPqDjKmhjPTnwlgqVq5tg5zxrQjDp5dmsVh8gcIDvQYn7H\/\/e\/kC35h3XjUpnTLH43dcVQdYxrYtEpoo4vl3qM9O6YJ1ilPvBRlZFofCrWMieY406mnSYTfRIRMSliIdZb0MndP5Z0+9sRJGdaiYe2\/D36Sn9OzLUOTsmStWGC\/wNJ\/Ml0FQEb3SYsTGtpvUMM68l6kg1ba5\/3Cn4ggWtF8EptLlmqElnVXVZZ\/3CG1GbyrWp7Iz6BsmZdbhMqkDyNk+z8PBGuEim\/ApGNHqnQZozflYF\/k\/lNM1AYWxh+eJ2ARjXk0pOsKpmdaXwROrvVvV8ovBDBGAAdk2DU44VJr1jmumYTRlYGqZAVqeYNLGtxxXGhXADB8eX86Nka0q+LIg8BGK1jAn3YKnrHcZPV7AJEBJ6NEhGHOEgX+aXZ8o+UI8Zk0TCgjO4zmY3W04QfwoPDjIz01mJBkjyIfQci5mnkdz9\/UWQKvkr7ry9YEHlAzrZAw2J2qCmyqYy\/rSVyo5\/P2UgV+RRy1sjCr2\/PFsGS7BH+P5vZG0QNoK7WrLI\/BrRVbut9hPxV8aS42oNue4O3P\/MEb1mOUxSp0MfCtE7BqXYjzdAJHlSh\/kfJx+sIV2M5GOzGNwDiZzGgk\/X2G++zizVB1IEnwOQhbowttP2J4e6Xa8aWSkQITRePyaxeWJaJLBowzdsT9NJXIy6h0HWyl+bUYO8OhAhjZfprQ62k4Ej0yuOmPHbioH8qR6JVBGbdyxhtCEpgrmcguPWXtO3PvWwli++2koVn5323\/ujD3Fkm1911YmmjEzfADdRvPPvLD0zY3a73VTxFRPwbtz\/xJtSN6BV6OwylwxJVHQH7sqOyoXqoIT1I0eFJ46irq0hkpjFRJ9rd8JC4VNFloNHvz8gHGZOCZmrw62mD9PCd1c16KZ+gA2GCHBgsHdh4g385J6CmINlGowJeD4Hk4fKL\/35wV9B+cr\/ecgDPrxm8K2SBeyRsH25rRZ+k+qKBf0mfkymqEftl4OYa7+h0JEz3prbZV02uyqenzgIeXWe7mzWlIxEGTAATh\/D47x5Hubs4UuCVuIzKjT\/4mOyyfRUdgNbI46wPFJoDl26EwiDrNbdyS8HoGr0xmPyEJi7MPhMpPompylu7UPSw4NHfxRlOVB2iW9+EruJbc192lacogZTh2h7WuAAfnMcNvqXuUh9tW2gR7DAvbQjWYQXc7NksvxSu5StQ3R5LZgqDIXfNDN0sZYioy9\/hoFbedxg9UX5vTgw2MdARnvU7uhR1hH7hvh7BY\/77b6TYJipxhIcK383bYqW6\/rknXui+fWfsqWsJfp9sgosPa40swXsc6QlfvQDvjReUreqLtZWITgpSklwEqsuVf2N4+8Z1Sxt982eLPTHNQalEE4qdkBw26hkuImDWDZDrAD5XGuw47A8kcrSO3qHVe0xYVijbAOiNYHOebQ2LtHVWR48SWY\/bX9t2YqH764\/DodVtRqFcrtCCbW9QiIM0vuYgxlZIpcNBJ1Q+OAtWoteHjK8qQAM5iN0IxouLsGyzTzO3JC89gGl9ppeqGII33JLpeWb+Z+aua3LgaYMX6Ki7klRJqTZfkEsDUsjAgWRZ7dILhZty42RZqQgvk6vQmvB0b45bxIHvitISR0Kp0\/COKW9abpWp2ULRBSyu7fQ\/7xOCiobGINzRcB1XCHZM+ozQL1i4PE5wmZYBv2w+S0MM6x+Do1UuZt1n4di9CpNoyIKEguQ4CdbrqjjkyCDJ8vo0bjuTz1tjxKk\/fGr8hDr8Ne+3fV0ZylsD6SJeDWSfX7Y1XRTfU4n\/InxxZwiYttuqKqF7qypZWbIAuMxYNnTZRCgED\/EmgAZLk27j6z5rXn37nYxx36Ab+krNVJWMQXOwgylOFNw51ukBDa2vdGCOiPg491i97SOIvQ76bZ3MofmJJvu5T2OExNyC3xhn\/E33a5n4zx8z9EriAo5LO+qhveXvux7qFWCH2alTfJ+RTOjxjeJ5mQP+4NVNhUI3dGtUYyS375NR+0hV5FX3Paze6SAU3D9+a4uRF7EjaKtAnJ2rf+gNLQPp9CcKZ6nyo9lmb4P9xmBqdJnwXKn3hGvdV6F6NUtLdyvAYXQKYNaQT7SjDeAxyfAXZgHCU\/hCdDd2dt873gACioAHTg1\/1ICiY3M1p22RDUQc0cufcdqHTwKXJ7trmPUTxLbD5ZLHbWKTvOsfkBpK4cIxVWNXMWSLP7KOF5k+Wu5pxp0wOZfMPNKupLxe9ABFjnkfNyJ9drfQLiGwd71vAv0FQ2sFdV6\/qENVs\/fR4fdNd7dMmWhFWYx3\/MYGJdDtgp0VvZT59vQSpy1BBChL2+y98m5sirdfmaRLcI51rTzPMHTKG41voI3idK5IVeUJeiGJ2cS+dG\/JirpnebQqno\/UCcwWKo1jfOEsLo3SjGkzBevb40V67nQ9kTBV5SO9EHT6unN0WGYzDR5xTtZnVFbZon\/n3ijMpjXloBT0jKZtD1uR8ibi7kMPZbXc+gpBceDQ+5oGttrtda9q9HTs+voYANXR61NxRj8+A5YqZ9VMUehqYDC+Fp7bSZfKPGPWPnU67DgfOweppLja3tfIp74\/JcGNqvKyJC1EpepSfgmADxcvON0Ei+zjEkZ1TipVsNl5\/idDRJV+ExKVyAiFyYeq2rtKx0UnxVtkeq++I5rZ+pSyFXNX\/YfepmFqEbAs\/PO1QIIJ77DUi1vDhVlD\/U++4aI9mBCp8OBc4fthBfSGtSCDkHnVoASJFCs9zln3OqIprbog9v5jPOUd0hIRu7aCdjncpPj5jpyfrNJV7xgRuT825hNt5NCZljSzc9TM5thd\/poC3dALmop0SKyUoKia3q9vl3ppf1XixyB2Uucypj+UKw2gR5tcQgzvYpqdY+lJhLmuOToJBFrXmasgJlgueYVjVNVr0\/A7xgP9+DSEhMFo8JKizqAyv5doUU5\/HGsQgysFY6s1QzMInGMcPMhUhmpGUcTNHt5it\/DR\/BP3U9tOPJUHlB3kKthr6FEr0aThB+94EEjkAfW6xM0uPMik7P565lKbvxdy+0aK6EEFh6LQOaMGvDU1P\/9kElbyyyInw3roiWLbqaViEnb7nk13eIv7TxLIExdy6tEEucfN\/nW0aG\/oU8T45S2C4aGh9URGaeUTLWZK1Ke6UG\/xUiPphMZ9ITJ1SBBR18XJRfhkLrvYvEAz9oGU+yN5kqxAHYX5NeMYprltRd+FsTTRpNgj7znWSDGbDDxc0O3DTvhadqqC7HMppcesBT7oFxYcVGrBA+JYJGIGOqV0\/SiEgAK0UaH2D4Mo8wbbx6WbRIWo+a\/pQkjopIyIDLROn3I3Ry2Vq0gZMyPBWAvZZ\/s2AuVBmaiO7KLP44HwOuYyoqjx\/Qr1T4393fzTyJJcsX6nNyqs9R\/zbn9wG31X7XFl01jgKEzJGvfl+DsxDP142qk9bOoWDxb5w3KeHtOtdz\/Erluwf19kbriu02EC\/O32yUiLeDnyklPUVSJsBlbtxr4q8QRUnIB6HCaAhc5LS20Ecgufa7l1jY64UiUFjQ5qnJ\/456sNdd5vAbJq4WS1Odas9LIO9KQoPdvUZ1IhEd8laCQaY4mkl4KP3fQbR6fEw3gEYFpvmkaY28HSvCg\/ti\/qgOLm\/D\/hBEs8Xk5CDzmmarRThlASWRFSBGcdyyLY4HecZRPopOBCIrFvrCUadrJntEBX90KPDMpyXuX5VbeJ2dkpvbg6Rv47bZqkmjZ9ibxij49TBukxC+ZwXavCVkGgvv3dHfM6IDUMUV6EjZwoKmUQZBkL5W4+O\/hF2gObhjLXjk8gy8PJl373K\/TYSvD2e8HTpE6UP5h1WNVkSg3xs7iD7ohVlx5olBnBlMUuTx5529Y26zXaiBvqW\/ihXzyG5IthPULo6M+NSC5fwoS22CEgsGtZAzbPIC1ybtapstOizr9RmXxwW4WxBAtYGJgrpicO5JSac7DE6h9uyhlE1Wo1+p\/m3KYfEYUHn7lnDZsDlmwMPmFCjhboDaeUOTntY3a6YhI4IzH6lHzNn19NfXEywSYvnk4mvFyGPCXG+kVKoRuD6F6ZbL+Y5a3UpqXcWC2n2juQIbMIjBdJF6dXXwmwYDkXpay1KDYsVPJUKVKklXzRdo3tv9Jdk8HEGnLl+gXA84XVYm+dCbHXqgNBULWBTRkbofOlpQnnT2SfTNn6eFSvdUswB9j2bV85c2Ix6FlvVUbfkvj57zS+AC4QdYEGHkBiBpQF3cO502AGBACHsXjwPyD4MpskyZcckpo5\/c+wg4pNXKqNmp3xaM1xi5ptTokug\/nIJMGwHiNzjZm5j1Lo0UA4S5k2ll21bNS\/c9v9oYu+cICNYk+tLUlrg3xoFKhZPUoLg3iHGtZdH9Ob\/wmp03tFuKYdx1jnSWUXwiI1c+6OSUQD2Q3b5Cye7umn2nu\/kZ+McgLy5OqhrXrF9a3WsiVhEwdmG2X0w6SuB1QGf1jTz3GTfKxD65B07XEToyu4Qw\/n+IHlZqS00VPvbzvrY337pKx2SMxHvD\/uxgjL45FcCqHsvtiDqbNbj6ubvciU5sNNx0LCF7IRS188AxktjbNWYFqZRjfnEvjROq\/lXP5NOa9+oeYpuEcRWOFZmMRjWs6NfgLQEa2H7uiJy0Mk0EFpsOwZvIzM8K3Fci4Oyp+kFk230QQVwD3wrF8RyncwWcC5JyM4xL4HUlYE5HVGdraPJM26ytGhSNAmFzKnCl2YYCM+P6S7WcASo9yc96cr4TIz+kgQnLl2JgrhSRFZaItjBiG6lUyuTfZUip64WuYtXHqDNJnWNe+1dBS4bCrjCHzON7gDrlkobfJrvlevxoh6SckYC3E0plFon3x4JktTrU0qTnJc33vf434JGqJxzPpsORYFzDupKZl8UDLO6jmwurfp5LG9nxTgPuVJ6uGNlIi2n9+Q1v6R5c4ZcOue\/OMRBqW3FYKH7JwCQSZ5uq8n2K\/Wu+4tkz9i4GViKKCyA1U9nsaKiRbXams0oxLghhWn4TaVXhDgMPt4ex90qxTRTx7PAbdLwgCyZ68NwUaype9XPIXhFuhOrEmMFoCuGWilo9pJEbLNH3ZrF0ShiUOo+Ci9enoGSfHZ1gI9kTApDrF34GnuE8vO1n+WENvShIG\/Pv5UAHa6DvO+dvNqKxv48jBIEtn4KlXDvRuL3lEUAYaVXmeEdAtydqRAuTqE=","iv":"78b3a38eb49c2d59dcbce6eee26302d9","s":"5a4b3ec29d2ba179"}
Share your thoughts. Click here