Retail
March 13, 2020
Shopper return to Chanel Shanghai on March 8. Image courtesy of Agility Research & Strategy
By Dianna Dilworth
While the outcome of coronavirus has shaken Asian markets, millionaires from that region are returning to stores and the hospitality sector with an appetite for luxury and a new form of so-called “revenge spending.”
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","iv":"7ae4e6127749efaac95647875d619bf8","s":"2f52b3317e83d2d7"}
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