Retail
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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Mp8XW29pN5Tj3jmcRpHgpfcZvHRXKpRu9yoByjGi84j155qMMbskdIswuAd0sUXW\/jNir76xG6iAK0\/ykzvtS3R5lTnCP5i04KLw7OG77Pn6loIs3AylCdGMokkluYYKvXmb4mI50RCqk56Zn5DePPX1NFZxcNvQpMwRFWD0W3fqSaM\/T2r7Vrv3n0ini36lkgm1sNKtCt+I8VrSu0Abtf69UpNenzWcIVPpOXo\/lhTR7\/36piaBnPRYYiiOVbudZqNns2UhYPhKyjnKCF7b5+7SZBovbmJOixOCVv1JBXlV6RsGu\/huJx9uxPSSGbc\/cLi+1NUu2l6EBG57anXD0wy0Cjs25RkcWIj1uAmS\/oZZR2dxDzI6fcIlJXoN9mUdvpuPw+rAYe1QdWTnPwsSdYzH2tvX1zDeZp9bVWs6rzY+2a0ODUpd+UJAJEQbzXipog6LBc+iycQjFwDxJ4LbeqM0n75prZzNMOUTYNQVRBueLbzeF\/jOhxKQAzmiV1MpvV+otpVliShHU\/jyqajyyX62et46ZYE0vfZEyGRm2H3ryPySkZV6lvTw0PROiQ5WA1htUoefe985Q\/wCz4e0lufauavz9K2CCgk7lPwWrF+b0ayHigO5SIQBdJU+gavWrCG8Y\/nUIFnXKvY7ngWE1jB4gAARZYo+ynN8W23nlTbO\/p\/ta\/xGmKT7SPcZ7+aB8Fd6G1QgrfskOVGdkWqjziumFq\/E4EVQ3IYVKS4IvIsCd66DRpZep0hpwJPXCFiwlockGj7fBS9ZwYKAg10OdccbZMiU4+K4gi9nIwg\/3aJWxiTfoS5nvmszNSE1MSiG74dAQnxP1YkqcM2cD3cHpUhISeXo4KU2u1q0gPaKuZxM67HamRaVzaxgoWHHz8TzDt\/XOMcSP6WRV3UvKu50715ui3EBzITvFyWtb9kehtFKMnu9ZAM2mRwnrYe8CnThgEr33h60x4ZH3Wt0oUdaG7r6TtV\/XAIg9xN5Arz3NWaqB4q8Zr5mcVtQPrRByRas82i7p7gsNy1EY4mv8g1ECRRQ9KtRTwPS2e4aCJD4AAYpTe2k9E\/69deRjop9+NCk6QNFk7Dh0+jIitzYaJEAmmlGC8l3NkuTnmO6RBb+9qwYiLzPBjWL4z51IjlqTKO+6n8fql1WO\/9tP\/87gDaXiVD16oaiEpxyCX2GqFDyaVYDXbWKBFlILD0I4fTKjgh7h8eGPDcL+BILBtZlvZEn5sMyYATbx2hmfuIRxmnpG99VUycgLtaflt8eeHYOrjjiXVnc0O3f1Agjb0pRj7wrIE8A7RFdTUIsrH5k2D+Og2+8tJYe87eFeDQr5TjmOWWkzf9zQG+TSpbCJshokKguII\/gp62FEkogfS6gV6L05Lism7Ai29shv5pv8N+caN2uaEKz2m24zQLbAnTDnCBlhbPAWBCzvveqLxfzhS1Ecg59n2G8XWh6gR0HY6gqyXDpYx9k82SXPKSIRWEcDVnLjWWe3RLFbcW4bywFrj1pF9JqlPU5rh6J0gjvnqHcGKWqx1VJTAgZlTkdzjP9oMn7rmmS\/SMvbITOnrq9Pi3PlKx62liQfgVeSP7gsRoNRnKFLlNBIxuPOO3HB6dOSXiv+mn7XXdJAxhsAIOSFWdpBb+3clq0Yg2x9\/qj6FLq4t2+tBomeArl0Y7IJL5WxHQ2B50ULm89\/xX5VXcjzrjReDm+u4OhjgywQWjMpt553r5VfD6bgTXsyXTzWRLj3M1NTpvot6EJPvtLvEg490L92H769jNjsv+HIlqbsRuhdJ\/7ZraJb4wx7sWSHgbW8C5o+2zZUFUnjOI4QJYaKhXbU23hxL667Ka0Rp9q4VNG7BD+1VgP6REUx9p+Y5lHHBErMqY+xxjLCnyKY9rCAGZb3ELO82i4MQlrhJoTS+uJNzCtygN21b0gM+xs4yHqs0++3OeJbF3wFacZ4ywqChXi\/tLFGQbOGsih+XFMTO89UZN8tExKx8uJytdPpDRtlxEs5bpgFW36TjECsEvQ1w0Dbl6l6s1wStckH3TolSIx+ZR0ODRqpHwrcMsQoup3Xsl0zwtbmdEyMRfpCa0x\/cBTBtuGzqELGlZTsXZBsAiHA4bGpngx8x1VtPRjaXQLIMBUIlGB59M2lHQ+5agj537IE4f9cq0eYS\/MrwMmjhBwRIsLH35ZgTjRpZBwnTZCJW8L77pye6+jHtzdJJ4QUhsDX\/RCjgwQEVTsBWqNXTCd8bdnsllRMt2rGrD0F8eArtm+k9DrM5kTikwGTWy3kX4IPcRKJaqK\/ad9+FG2d0ZKbGGgpJNGIz+\/NrG8MaAclEXgxO+oRYxZKqL5JjXJFJko1AzF1RTxOYOvGwc9PnHeht7dW+YsWJpPWBudBbWyTkNp04aRdghtmfAA5azGHf0c7LRu44FmdU0kur6kt93Rm4D8XrjRWipZLiCxBtDw\/WkWXDRGTPxVWclrkr6JdZcO8gvskKkkylFBVjM2QAqH5STcINmX5FgUYQFEHKLP2kiB7O\/uSbYKmDWY4UI3HNx2BSmBXRNIk3GzBXlizpDeAhUHWUBO5D+45hFfvleachQUfg48S6Bii0kzaNr76k\/DgqDuO8uYat9AknIkBsIRXEy162cIavbylI2NpWdMwUzAsP9eUdul8kjgDWajDCzB3pyLM0FdAKnK4jAbgbAcy0W8cDGhZx5DeKiZeM\/mYiuPt3TX87v1+Ak3sCAzkq+4uX9kr1dX7FO0rJLlu2Foci9oztV3GFf2PT0aO82tZVsDUXN5yRKHGAPr1LiDi1bsh6ZYMYwY0Sikx9ART1yS\/35XviLkXwU42osYdfKmNePkFgNQy1IIb6tgaXSdLV4oXh3+4d7ruVhXa0+6MllCfg+fzPQQbH\/hP8F3t6RFUcTA0bH2XHlNjl22+FWLcbcL3HDyKIA6ievRWUazWNBppfnVtboUDYTjIkco5+sbeVfrlwOutfA8bDOl4XV7PS+KMQrWyXkrvlc4jw1VN+rRmspYRHSoKYVhD+H94DoYgQ8IvW+OBBqp8xExXj4fq95mMBigQIJ3mpkAnxuilLAQPiTAPJj2lRf2gG9zrO6AJ2u\/jylag10s88k\/ZUwKWUn7nNv2mTmTF1unA2pRv7jUq+6LQ271ikoX4OxXgWxCKAawtojWewdFYBtH2b2OeCtJVFjsEKvfxYxEK1DMDyQ9o9bzA6MQJEDGvBzt6Q9val86u13SQodSPphExGPEbTrQApYrlErX8ZMq+o7f2GHKBmwNI4TZ9Ljb7TvnVhyWAelIo8\/9sz4oiT1ltAMKnLgGh1e0OPVYY\/FMgTFYrTwye0sKHlk\/K6u+++SYRCa85y5go2bNjjy8zSE1VBligLcNW9\/V7kHPTYviuDe92mNG5KxiwlyGLYeE2jMuoenIT0aaTQTpM7r+ecLI+HkHkeRsP3JkFk0XVaT6Psf9TiG6YGSdHd0uHPXhd47lpab8Q9zhGEQdzwrPu3pS1xib3spXLAJnqW2CCTW6fZl\/bOOuZ6kvlC86fBAspqmo9MIQvk8pA16XQlNs2JREZkDYKoVgaXhD97pCvij8Off1iQtQFCE7FOhsg9kilDF\/BbgvLIv5XMboXqWBBZwpaLAjooTorntAOpc2QdUGPleKOCQ4d\/25o\/h+xdMXaH8afZUuTyVClDvpN+CSxMdHPhVzQ0Tr78p3oo2JNS4d74rsfb06DxD0mLLCRriy4DRN8KkYwt2PZTIAf4rxEWR99YlIHrMRaLVx\/tCDWGsPrGj2FGCKQ4Nb6RoznbfvMbJKg2gbAVT3Lmy8b5hNu+mtEH5iOU8AqtIE3XSFFJMPbW4oW9EmtKzRfa7uc73OrtkooY4lJGk+3AJall5bC8wMtjjL3c1GLZ4jWiQE0NsgcJXubxJg5MLS6\/E0g\/WtlXZuZdD7ORGLiQB6S9TQdMwL6M1NQZ9l02bT4zWZQvvHLGapPhb0FrmNbHuoTFxG4vpuVR2h2fCI4d69ERnqTqLFw7dn7d3IcaTZaIO3Mj4xgXMiLBSfk99MnArDgAQfRc6P0CnnZ7wA5vdlFkDkxL9oR0WvBwhPLtpp5vo26f\/ASzS0v7A7v9zfP7+rI8lTcDymrJt0nbScyrpyIzs4v8mgTo7Ia5f0A4AVlLoj3ILogzM4W7ImqOgKBo+mgpbz6Ek+hlfkmSFM\/kvjN9Z1f5Og0PE9waL1qlc2V+xYQTfBqjsymzpfIz1qV1z4BRWqDqTqCE9JRj1HRyM+7\/WEkhoZr1P9oJVTZ3NIlZjDIfIQ589cT82ZkYO2i8oOI2CiQs1pQ0VXqeUm1yUbBRNTY65aCshvyVZy+IS45f5p\/JGlLXZV\/Ru8j8LGF7qLQ9k++EhsOUJqUcDG9S7s30DFNB058UA797dmG\/f7damxo985+rF70xqm1oK3JUmNtyJwipY96Blj0PaNeKrXw02ctZGivvEHpdtuGo5TueMuCU5A5uk2wRyjWfVUg5MCvAojzwnlpXn\/UMA5PXEsX899m5s8sceCNUH9I9Kf8plRgydOrNyE6AvYW1oqJhA2oS0bCDgiuj17tSLvEy7jKoqtekZIAhjTq2IRkI6LOrOEPmGTkoOsxnnL\/lRGTaCEHhG3RO84LPiatRD0Rbe9z21+K6xBqboI7JUiHmE0UxCroVvLRGy2NIYCmfUT7stQM1wOxHVySoiiMnk6i+9YQUGaRKFstVT9c7cRjOHBno1ut1rInq3rMn9vuyCYKPOJ+7PihXrmkE90X7AT3W4rDgbtOFV9PuSQjX6RBWOnJ13mR\/\/688xJgpJ9eeEg7j1J\/aOcVxBGcDW6S7yBg==","iv":"9fb260e61e71fbdd6a816722359846a1","s":"fcf4634ed405a81d"}
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