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Luxury executives expect shutdowns to go on for months

Agility Research interviewed luxury executives about when COVID-19 shutdowns would end. Image credit: Agility Research Agility Research & Strategy interviewed luxury executives about when COVID-19 shutdowns would end. Image credit: Agility Research

 

Half of luxury leaders expect the COVID-19 crisis to go on for a few months before things go back to normal, and another 41 percent think that it will take several months to a year, calling for a tepid outlook in the business.