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Luxury market will take years to recover from COVID-19

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
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-pocked owner in LVMH. Other luxury brands may not be as blessed. Image credit: Louis Vuitton 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

 

By Pamela N. Danziger