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Dec. 24, 2025
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Apparel and accesories

Beyond China, luxury fashion recovery may stretch into 2023: McKinsey

December 2, 2020

Brands such as Louis Vuitton will be able to weather the storm with strong customer loyalty and focus on quality product as well as a deep-pocketed owner in LVMH. Other luxury brands may not be as blessed. Image credit: Louis Vuitton The future of luxury fashion in Europe is highly dependent on the return of tourism. Image credit: Louis Vuitton

 

By Sarah Ramirez

The global fashion industry has a long road to recovery after suffering its worst year on record amid the COVID-19 pandemic.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Luxury Women to Watch 2017
  4. Kering to acquire jewelry manufacturer Raselli Franco Group
  5. Burberry bans exotic skins
  6. Bulgari names Chinese actress Liu Yifei as newest global ambassador
  7. With ‘My Call,’ Rémy Martin finds meaning in new milestones
  8. Savannah College of Art and Design debuts SCAD LUXE research center
  9. Gucci is 2019 Luxury Marketer of the Year
  10. For high-end fashion brands, wellness is the ultimate luxury
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