Retail
July 12, 2021
Affordable luxury had a great run in China, but some factors have led many to believe that this market is tanking post-COVID-19. Image credit: Coach's Weibo
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wnv81pmTI1NGKXX+AvrGD6YfLw6gzTwAc2WzABUQTVznERhukieHfJ5i4QU7rlzvt\/mphBiygvKXiq9N4tTLgI9pjqK5V55lpWvom\/iGzU\/PstnfW4MF9fR1uKGkKiP2r36WiQOldHe2PFnfLz\/eRdJgN8dk9l+Eqr9cnnbCGQxHvzkMQPXXJqofNaZF4z2aZ\/nlTsy64ptu8zX2+0xPhmh5uMYMNndRn5XU2DtaYf0QLZnC7wbZbcDhcrWbQ9hx3hkvJhNZBZYGxkXB7uYzUi4wIqltur0aJSK1v+66GLsproGZQJNpmrR3vfl04LQVk43P4s0tieD98D6zjaU902X68WksdweyB6vzAlLK5VrkglfH3AgtALW9wEMA0BImQRmSkUwpwsDW4ZimBC\/9OUyThJl4PoIWurMHpZ9f6xAQumpAtMP6vxdcWt08881Qs2nN7\/K\/5NoTgqWWc4x2+MdXhQBZCLID6axg87yQxKrfe82nXJbFmYjEbZXNNyNDuDCyciRuWiy0iPMm1dVeKkjD4uWUpsjMbK7V0Z8rHiZS8Qv0ZaLytx1yfn6KoeCHEM5M8\/CyfpPTA\/SMBQrMOfLAdBgvnWQ0c7n\/dAynHPUEbVaSPNfqGTcP+KdgopdYoZVEmnEpU1rOIQa+XyfvCvlFuRisrS6\/2GWU\/aawY6DRaRD4rb6c9NqQ31aXNoSzFqO4WJWgc6DUn3SHUlm2kRV5Txm2cydv1br\/gU9qIShvF0tWPCfj2KbvmqalG2AZJcvKmCNwGe68PgASgRraE9lIcBtSbmKDxNMNhYaH+MJgB86e8VhuyWS+nxQcr3BIEfkFKHzMwqgACpkXULdDeMY6axbaK4njGW6d\/+qG8VtglFn1rBVKEHQ1DSvPJha0uW9nJ0iCtDmlatnHExt9zC5HTboNMX5EIstpJfuj\/pP65h3U6E91gdHVe078XGGNDr39RK9gJaKpzmdEGNmeamr5v8TRYptL4yDbMEmD8YS0CCyNmIB5L+SoF7oeJZySstY+ckD7zSiWonVGRuQWh9sK2QYSaUIGVEYIEB23hvlXj5GaRx3xkiOG\/zIaLPtahrVCUoBNRkg5bWctFujAMakvpKUwU6pGo59GwCmAuMxgZphfEhHz1tHt7NnkBe0HPTZ\/tL3RPRYku8tVeX9CTLaoJ8DYWp8aS0+9doETxuvUOFDrhaCSLyNUnOherrN4VsDUwZigFad+NppRkFF+X7QyoEScdWd+5jbPuIi8Oa67caCf2CxFPowKMgIc5iSU9+sVwknAs2Vbo3KG54f8x+6GWtEjT5wLIna0h1IgFTzwRR3ugBiUVyv2njOg5f3BT\/1Q+ZgTpWbo6SaCnqtvP6wOdx8NsQlFlUzXoqFfWT6u4dxQN3CMLBtutRneAugzHHmkAU\/1aI0tvKVOgdcBcx7uFoONQG2gZaKppAHbZ3VcvdWUQXDIaZPCcXNyyDWVu6n8wxxNQUGPzpj+1AdrZ9WDXiwPDDWoe+jq2teNm85zS+oFWpXBjiVbF0RMQsddFheCIOFE94IA4MnLfMLYJwqoy3A7uEUqUzs4ZWOkt31QfOr\/XX2ux9OGGTJvVjYjbkndatkY0U494L74D+EKa97+PLXyVjeSyUn3WJaLpnyq+Rm5Ns4daxCbLtEq7QDhbG0Yr4qmdqppWrm8ISIp7pNwHinwg8Mvr\/x4PytRKIjbuuwQFOx4kleLxP3pFHISMF\/JS9qwBvz8EI5lzb+bbEkQ0n2TokapDlEnYsuv8VNtSy+q7oeKfQ+9LxXD0oI4JTFhLj8BQGPsm3GIVS8XsZ7CyAV8M3\/dOGKPnIJ4W73Ucwkdno8di7jZqSbPceudJYcMBbJMNFoLOdpYRD88m6ApOVaJ2Diw4q9KkSkdSnew2B\/4U2gRX0AtkIzhjb4\/M8yPk2zVMAJx++6ZO0v1Of\/1onLPopD5jj1j3ZZPL\/vxeEpg49fchHtgra5OxyFSRKQheZDmHpxWh7sD4A5P8I0Or3B0AMwOJl8DAsTJvhFis0kBYia8LgjlW0T6LoMqlS9D2T6UZ4COO8ASQooo9Lqo2ENOr13s05i\/QGJb9L3wa2VBuyQIzmomYb28xgLxSXHTGGGoS\/JYQfJj7cAWQCb0SZG\/xr3\/KcYbiwoRWA6hLbqslWi7vyyF5JqgL4zDjK5NZz6\/kVGZ4uiEtq6nfvwsJ3GdeO6dqQGiekiq2e0JRg5Z7hf86Q7RVIh7pS7u\/kl6CAW12IQKU61DGD+xOuRh+eTUgvm3dAJYeBAO\/DdDAc3wyhntwv3PDS5yPI60IlUBETs8XE3bDHgv7ULweEVVsuxuzzIrGG6Z5779Kno7\/urOk010\/I2+eHvzcrw69BMY1lHioTyc4K0k\/i1BM7q4zueJaDI\/C\/qO3phKDPvT2tuu6+P4nuY+QAE+8ZD\/cJjJ9lTZG8DSSpbaLqm2Eut087ZyR3lo+sccDjOCJLdzfzOOE7n6h4tszIRdGSQtc4Yydko4EzZsnCk83DqYyHmDbqpZgITvb2xYevrTR7CkX\/5eToPmofw7TSrn6bIFg0YIc+R03j3LJiNtHV\/P5ryER+NauNFRd1Y4R1kZ7qi51D5V2CZzvx597n5yLITLHrbZSUEXdrVfC4stflnR30dsL5nM+fUdgi72rMmrkQM1slHx39OkMzcpKrgAnu5q07gFdVD+bDEK45J4nt6eoQOm0U+jTEFXa+MEu5R5cNFLZ6NDY95MS8w43djXkNkOV4u0Gtewiw+DQcPGd38yyibUN7CgkXg1cbNj8FG1QZZYaDt\/3emA2ks560UDIb08cacadBU7T90pjTQJWUev6hYUnpstk3V4XGF39roseH07ja9Ukl7cVQvuq2lzDOl1Eg4SwxGRG+ppuE0\/d20jbbprEmUoENLZeDZU61LfAzcVOKePM5j3W1r2GiF0WKVJ91NkS4O2cC5Pf1j4ELmZIdQXeQzKMqdcfZUwFQkgtrChJjNLu2ThytyD9on+WnwrO3u94exz8eC0Q9xY9UrTRR5zGo2gMiU8DCVjknwkWhzBjlmj7ssoYkrsVOoQjj1aZe\/i\/vzIQeB5RPdGmGeQFO2vEjRaWTImLviDs5tf317J4pd3fMeHF08j7umyL3+wK+1kvD5kycJ+Vj+JVI7URiNBMYag6Aee4YwE+7zIZ5kBoV\/BLa9yXg5oWORLG5BS6mMgM5Zf0lHCxhrh2weJ+IY+VmvPAXUcnM2IVBizxj79vdHVYGQzDmo3DwTzF6HDcHQpXOvJ4UIuU7EWEDTX08wNa8jYyeiZx87kmPj5qKdeSF3LFD0fjDipEYlVpxaDcYgGBxEYBEdWMKb2Ln6hs7TPJY5MlRnMB0wKO55Qw9A2zMeFsP3L0XwZkbkv2EyF7ItvxXluo3qA7O9eB024u9tQPSxy7tF5SwluK4\/MYJZomCKqjzlIBuKnpxcYqDD8mMmTG3LRdZTkhnaRDeg8LMdvuLbRsSjFl0DtPpgdEBczUeLL96S+eTD+qcLTLb3VaPBUNSsJfLhhGBPkcoC0WjHgXdFfMTgaafLoorCWtURZ601S0hBbjCWQDN+r65wTLT1cxVyJ7Ds638YLpvE2Ne53PNuGBJan\/RNPCe3GSpLuorI7M7BIfFNK+l\/Jdu4S3+D\/qCFGtStGgfXwEgcphmSRiuo1kbte2vR4p1Pc2jJTzKbNcajEEzCQTqqKrozPJUc6+6xz0rqtOscIahzwCzzxO+h6cqcPdWEk+eXh89G7X5c\/JPgKGxnOKGGwEOPc+4b14TZQJLM+Qd34IV1i9W3ZnghtQr0SdlEUBLlLHQTm4o6H6NFmTtcXbpHieLiMrm76IB8Anhx16v+hg0Q\/GK73fd94CKh2p2HfSGwOqY72Rb9s53zQVWNpqkPt6UIa6LL7M3AOMq2mzsCzuVce8OuKsZ3Q7Q6NIjtsGVQAR8tRuQmcK3YUEuo1+fktujDGQG5hTnbBrY9VGWVUq\/BNV+jbcyqn3ZFZuhFVtXUUG+cGn0zGTWOOGLrzkhH1l3bUZbo81Y2whb9WayAZaKhSZL+TWBC7o7La154v5LKxZqnYiw3\/DBjgAF+z7G9zqyxFHff8WN7jfwidQHIHJd3N56Gp0\/hERkKzGXAR4vt8EaXhUlhIeU678AMPTlChSSgCKcT9eKQZQSjwtPmu+JHTK4ysVh5\/6YQ0lQNZwht0hLMOwc\/lRzlgmiJORJG7VOjuap82iD8brpzW3xAM3tCgcDfMwXLjFSHUGQY0j\/P9AkuAIdyPwgx3dFxaaF8QFbNIrNe97CI1twLpyMU3ebPRXq3hzq3wHlOtX6op2EzPVtpbjNobsQ3GIAKcA9p6PGPKqnjlaAagImm2hywCzQilqKZKpVCEp1uGEv+9RTzAhnBTuczGUCQxUWx2yvpXIjfvqL0SGtyvBTYyXOVMDBtsrA7dzOgWmx47tfwnwbHa4VcTH93vb2NZENeHJ64xRT81sfy9Uzi00W71Ng5So4Vpw+6zu1vXnIgso+N5riDnt4vXiz7oFN9qQ7R6x+047XdxbqTz5ybHfN2o\/bgyXKaZjpCoKTuR8sBnTZ1+YQssvYNB\/HCU9K8Ed\/S899khj9\/kHGafL0n6ifox\/C8kXVLVvR+3JzzeFd0ZXiTNuSocoKaO61b9OAz7qL8wrgCGmIFcA6QClyDWnGSj1fw3FyV+um4RvzuxSM6hkX+9u0+UhOSzTUT+Fu05zbyTQjhLtetGKuPkgIQgcw\/yplAsolkBg2igNiAMQ==","iv":"b2e43777c9e73b649d745b99130d5d2e","s":"b3af0cfb2fe26b89"}
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