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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. Louis Vuitton introduces Visionary Journeys Seoul
  2. Dior builds five-story statement flagship in Beijing
  3. With ‘My Call,’ Rémy Martin finds meaning in new milestones
  4. Off the Cuff: Getting to know luxury's top-tier talent in 2025
  5. Coty earns ‘A’ score from CDP
  6. Laura Burdese to succeed Bulgari CEO
  7. Longines announces latest Ambassador of Elegance
  8. Dolce & Gabbana introduces advent calendar this season
  9. Lancome to secure spokeswoman Julia Roberts for $50M
  10. Luxury Women to Watch 2017
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