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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RG2+GVfzsnQgX\/v7ZjuiQnUWbHGdmhuBl54Ep5FT6o85Pm2f1sxNy1IAxEY6u+TDYncwH5tKG8Wuqic0HJc1REq\/En+3GIkLI2fpE2TKccjsQ+UCIgsCzF4\/O28ccn8MHdx2l4nPvD3ZDSMM2zX4sxgB+4O3GKivOxYorprWFJN8w2eOPq6+k0woPhznJc+sXqTW8AFHGBpQj4wMnhPowVPQykFt2n1+PfrejP5WcEor9GNKKCObNgD9H2t46zUwUJ4L86yhDSEHI1TZecC5bNwjrj+ee2iPzgCLMLcbqRx9d7Prk4gj0Dp3n46PaiNpkTbEYY8LrrXNv5rYOTrVEPkI33ck1dTgVrrKzSIMqfUC9tO5dhWBMCdAbECxI4M13kRgkjArsRNiYkI5E4txORK0x1oohM+O8fF\/b42MdeDnR9j5v\/qSSWRv+ITCrgCIWjb\/No4EEdOV+8sVcVa87xobhZ34GaJ5gnu7U83mRLFoMl8Ac7VLwrfE\/0PKM6AyAvutGIhpnOySZgsNSAPl3ZW8guQHm22iDuV0Cl4OkP10JMFiwOzqsLnOhckpk40CI96VvwMk8m9WzE8FKrmOYbntdl6c9VY\/LM58\/27NAYpWbGjNfRNvC5HjAoZfneQIWkXIsX1AKQ6InmgT0j6ULwv9+w1uTu89nLU+hMWokf6pD5MOJAR8goFZyHzwHcx\/y0bc1SBCHXbecnOuVZ7sla9vNQbOBNRCPaeqolq15r8sZPtR1GS0gAfGqeY3qT7fgEKK6SxkIwFxZjJXuuCSTj5WsGfoObTB3IriPHrsoViRD1G5vjw3ms\/JbDbepjw2d3EAK0+2jcItVpFaOhVpanCfCpqreCxophQYbdq7PVAwYmK2daUolRMTmgFVLoaDuWSMahjX7UI9j\/qXw6sI2EYU\/IkVFxW8u8iWsH0NSJWTit\/g9qjv8bcMV7Kw7zN9\/Yl5VhaT4w+kdPTtlTngQQHiZqwstP33Uq+FWhk25ICDMAr2VD90anaEJRg+DZlSOVpY31d5jHPgmYXs4Y2mYDb9wfzwTmK\/oL5Jmuuk6PdAMoauOiuSicdCWF4ol+w26htYspnv\/Cyo6Fz8Pll6gYwfi3WyvzsMLPwqKogLRRdwlZtYz4PQHZzgbXPc\/1ukz4Tia2YLYJfabv4caHBGMVbsBTZGss3Xbv8W0AMeHLmHj0KFguzJM7LbSjTWmecaPl9cwlJSRaIlDlmGb4tXTkYQLY055mA9uHOmCSi2e\/oEO3poAAzdciUbwblQr\/sctasHg8OGKPR4m+KT3k4fLYhcwtK6gkdokyRgn2gV0wr+bBnfwV6GUI\/LC7zjgRi2wEqDrb61JW+I5+wx2zgSXmGpSlIeEXr4OPlfsXq1L4VCd4HQqSgiqPN5RjCO8zZOYP6DbL7v9x04BdQpdPEoiPOuv6thVYTuYKS1jNTUphn6WmUvkELee+cYo9Q47etBZk329Kqw6dbq+mWfEHscV6VzcmKcXDvLGtmc4uDYnsIpUiQveaOU7ryLvvQfzyTmAv2XviwZgj3rBwGXLGjHPNGUvrkztODgT4zPUvk\/t7Bk0KFrsoBP\/+dFKrTXDtwrgqwx++jbEPL7x0YWVzpp4\/uu+CQzUQovn9i6RvXvDvvUcTweUlzJ+WlFl8gPoY4uNlV\/gZIcVrlnhUG5Rm9gPzSKCDwxICqnGToW6Nv37G4GSdrmgXFXInO0nwfA1jH+j0WNozR0wr9tX7YaSaElblb0HFrSLwAGH4N\/Mrm9EnccjpKbYO6Sb4Chbo1SxaeO4qbnTEPsLstKK8MC5oE2aMcEYZFWwO3qJ5u7xTMbpuNb9JR0navuBnoWwdyC4APnHW709e6i1ob\/66b\/Stmhv3NOybwwkPLOneSV+QwC2kwiJcTZKWGAuazXyoalx0M94yZSnFyBXWsn8sa7xqKL4AL6oHMg9sgmodBWup5UuVKdnykUXj1OOOt5p\/+NMxucYcFuim25zYQnivt4jrbPi1xFaCCWWk2qHZblgstWFMKcH2NaQSAnoPOaCcY5sdMub7m7ynBkJgwc6\/zTQRPqoob4a\/fSh5DxFnzZHC5Bq8KWZL1b4i7k4kpNUFUOFzgb\/2dmdQ0CT3V6vCGQA25wKgejFBmaNq8j+uDhLrI06be78A2ocs3M9AgAPiXTxmSuJ9DNz\/dyXul4ccp\/jU3N3HU8IGLzqICHZgWPdCeJ+UACo88ffFXb1Hp+nF9p\/Oud2Tng9PLITnjwAlYrgxwUJBrCFnvnUJ6C79hIQ5RpQslPdVJYhoO5FIFIZm072GXmSfHsbbXK8jtxUlX\/f0sKM1nPkXsFHelp7bWXqjSDMD6ycP33IYhYNOLwsazK06CQed8VXHLsiTC4jF4sU9ElQNO6\/ZcLXTmlvdv5K1NGSDVlqIvjNybRxmSe3rCrfQUvNF0fMbHVyIrQcUJLI2M55T9ywIFJHt+BvZy3gR8nMWdlZcLaGMY13ZGGGB65oq+142rSYjWH+qVhlHRbahvIbVf+Iu3E+94TnAMjPqdpBGc8TSUO00Iyh4L00L5wF6DYNnAkaGtkzGUQyRomhSY8Y4Ro\/Zaf9i56FMiG8OuqOqxKa5xMuUgZSqTGOWK10FCfwuzXt8S3UPxQQNb4ydGtFVi0kDOF5vLFYVegj\/aXfId1Al7DYNkAkSMjhA8ZFRBwKMHDt2YHl+tksl6CD2nF7QmEdONKXQ7u3+DU+oq9d3kWaHGVZ8c75cCm0faOTimf+5I8T1R6KQKRB7HVxPcfRDSGixpXNntGM4SMA5mq0o9v7IQ8ywRKp8gR\/1LszH\/7Ez+h9ihwL8xWh8roslLPpC1Bs1uFk5+a8\/oAC2y2zCjFGp3Xq+USmAgC2jvN+BEgZ4fpVzK3Y63j5VArTnFI9+qJDNn3Zm64EvwFVKX8nbdPkVxbWeWHnDDLtFvw216vVKQzG1PzuYZaxnYPxqvmUL5eEIVYy4UZYME2T3RZ11eWaOoWqCmHBqscZoE8BH+Qprt+WcLiYcCWGVQjEpLhEUbUfzQfPuCw+BHGM4pfTl0studxpYg4DOZWloACn1OJ0aAYj3noOvRNslzq2LI4u0YNMu0P6DrhThgTQeEh7UJyeFMTvtYFZkSFN7+hiB3Nbdky+bImp7dr9SIvnWVJXJDudpSKBDs0ME7VxatLLkAYtKNd30bW2L3SsjrDTMxarh4X58XmfYcqgm+84DwdkTNj0YlVwPl2mxoqf9XwIHnuvvKhmzNrMai\/bHrhDHUxD7qoqaDfAQjwvrvHQWW15Dl6CJorrVEsWoPMwqg4TI9b\/PQ7h+1VnfFjnbEKeKwKCthLqVC+SddEOKEdMuO8AMMj1RuuiGeYOetWJLaZdWg52gRNYnAYOCxgC9jWXda4oKduGFAzuH1raR8r74MTexOkTWxjPwxxFHmcraibsqYCDFlZ+zZbXmhtae2IC6vp7vIntcxfZR68KZ6IkIr7WKEXG5rQ79TTLqX\/fLy+smlkPU5v0BN3WFh5ehyi1n378P7QsiGhztONgkpNlsm9Mo3Z06thTtvWW\/64jr8tlHoRza+5ZJMYUMhvcpA4kogsUr1pLcqO5zbvsKjMjl6+v2OxucMJdlRqFTiZWSaIlo7gyzaQ2bvgsVKrMUA30tc4SHBD0owhEF8QsOPrfI7+yIOUwiwveudxw0tkPyi7SDoxjjRVEduHIcvHWjErRDfKuJxgPIg54TPSStsMsBkfExcZmT1K+YF0Yeobm+hJVnsf7+Y425k5DJkhDhzaEz96jq+9nW45vxYtjSwCJar6MFZM8cfJ1YZWasnuQfMyntUBcxZKNlqghdRcfEWBi9NLNcegIuy2lNwa4o1TjHBwidVgRUgqCBhcHcB+AkzDzFnPrOGU4qp1DfZIY+NlVlXzZVewaWt3VgWlWb8xiVB1SGcBGMsvRAWEdW6AZE0+JkvYHMz+EO1LiV6\/Ct42\/e35udzrXT2v26jQKNOq+5gj1pcr20PCkgOREB9sAVSOd9QMO7ijGMQgfDCeCg1hMlAKMq9rHCWpCghbej\/ZLtjSrlmmEvfuz0GuA8z60phnvMEy7TDnw8QIkdJ2D5v\/BfybviGgpGhR1oS+PYmir6X5MyCvf\/uBja83+\/FN9YEaHDHnUpZvDbQNzy3YcYi3lzcCo0r1whoph\/GDbGN1xBVKf+\/qz3I8C1kcY841gaJjv3PCfdZiiNHUrynijvJYhICRMlmB+7jgdAa3llraj9a81HAs54ihtKq4DKc+KPHmHIDJGDOZbTavsUhyd28OQcocrMZSeghD9WLtfs3kYqqGNfnwJ\/3Wsmh0G\/Gt1A+HyBv\/AyjgVq0ZuBm6N1W2IGAk3QE3cOq0ZvV2PjpSqRra8J1WJ2vdC70EiUW\/K9p725NOxCAhoXtTvdfJf5F3XUlEO+xdgksHRJy3rfR2Bw54lfFPHR2BwRtYzJzgZP+6mO0hepKBXPYkcG6z0HIXj51o5ZlODtYws+GVkFt7MC2kBL7AJhHwJXOzDWTSoToQFEmOg97HCft8OWBAcZksLhWFzOr2Nwn5hWsUqM6KUMa2e8c7MX8hZh7IYG8AObz3R6JJ8roEPgjum+1S+yQYbYCafKjJZ3jV9T6IpUc4CxNM2uRGBH5pItfwuGG+SO4YPMBbuiAjopAtNL8YutonqKifmNZdGSip7X0FYecI0P+FAIjIttCa6Mf3xIxHWnMo8K9YH2uaBd\/K0hLB1HVLn9lGnv2kPFO1sbqoj\/ptsUGLNxMnCUoZ52obTKhxl7A==","iv":"6306aea8e459b635b7c56fe508e81cff","s":"eb9dcc6bd7ef7ae9"}
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