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Financial services

Luxury recovery in China likely to determine industry trajectory in coming years

September 24, 2020

From all accounts, it seems the Chinese luxury market is bouncing back, but the roadmap to recovery may not be the same for the West post-COVID-19 given China's inherently digital lifestyle. Image credit: Luxury Society From all accounts, it seems the Chinese luxury market is bouncing back. Image credit: Luxury Society

 

By Sarah Ramirez

NEW YORK – Cautious optimism for slow growth in the luxury industry during 2020 was quickly extinguished by the rapid spread of the coronavirus, with the repercussions reverberating for years to come.

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  1. Qatar Airways, Art Basel kick off partnership in Doha
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  5. Deadstock denim from Nona Source dresses new Guerlain drop
  6. Louis Vuitton, De Bethune combine codes with collaborative chronograph, clock
  7. Off the Cuff: A Q&A with Raffles & Fairmont Hotels and Resorts' Omer Acar
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