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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


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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