Retail
November 19, 2020
Brands must adapt to current trends to survive the pandemic. Image credit: Bain & Company
By Nora Howe
The disturbance of the COVID-19 pandemic has been the catalyst for change across the luxury industry, which is on track to recover by 2023, according to research from Bain & Company and the Fondazione Altagamma.
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j8Llmq6CsBZM0N6QgbiEi+H0soTYrW1KYVK+jOhPmSXUD8l4kRPK5e9OY0d\/PohNLijjGXFaFCzYwPx6taHly\/F2SxIcY\/bHCWPzgFkvVddU7x9KP4br+4+kQ5TXYz9ZiMflla849VnUW50K2W0gHiQNTwcUBHpYsqbkkGERakYLy5S38ClIY+w8y3djxIZz0m+gksMmEGEpJflQydz0z5caJitU8PsXO3Q4Lgu32q2xx9yxp74+HEwjkVJwCjUdZejDh6yc0ZQ9cj30jiBContdnH2G6iVnGKP7oELgxD7ZnYA7Ona4sObjmU3EzVnsFBW8ObY\/k7HYpJFDpRUDGG3u5uFqD1sMc3IzHw3ebYXX0dmwN88GIB4ve8jJHZeYlAPUsv2bo9G8WFsnNvypfA2zEK+qjWzZm3Yhe6bbY2rUTnJstylmKTgB8mOoHClelrrKyPnkK2MyVcxmQkNyM2nBarFrWDfyqE+ksVjFj89GgTISl0OeVgcr27MEQobUSSOJOZHBiOXxig6X9sPpK0DGcsoQ+R07\/ZOohhO838imIU7\/6uACS\/ghwb5VgWRgll16EiWrm1JwR8RIZrVO25GfzFhKENpjn0mER6T\/3azsoV1KMuW7W6VxAzpaiRafNlb9rhOLojrPaVJSRkrc92rtwhGwQbzfxSf\/tgYOlrD2mkHUsMa3YJok8TYWnFNyamFbwPjroOVsL5BT19YfUyc43fOcbcwjs34qSn6kNWxiUAdrLytDROn47HvSLnQeucxszZ8jViyBMPFOPvKECg1GibatXEAhzfOT\/djeFLnJz2fcJDCpQ0P\/EgEzaVzCPe1O37V\/hovcsuwzETURPIhK7fH1OI\/qUcksgofs2Yadbc7LbF11mH16uRQGmrwwp32JS7+i2EGYMnyCCeJdy3zrIJsFzIv4P3RxBW1bHyEEwSE3wFc56NEURj9F7qbxCuyLXy57q+BtHywEUx6SD35zETnoLHCO4BOK934aqoH\/itZ06K3FL6ZDk2ZUP3gHyICbNAQBnG93Dz3JSdY4UgKRjtJjHhmtQh4n8JBxbMSnOlX3OgPeLULXdj2ni3BO9X9e2mpr4Tk\/f3+\/lbsILgTOWG8uPodEn6EnDBE+ITjkcdRWrufMDfgxgmB5fTo4qSVC7gV+vjqCXvfnHAg5kldzWJTWuJ1mGok76bfv84yssU25xgJjr0WWX4eYPjDpkGlOCNu9paUao09hESBL98iRToUTr6FpeX9rqRKi2OdxZtd5bAFgqa+D19M2qDoiCEQbojimQMbv7p3qlEiDPzlT4VF8NL0aiS4Mk3hGdDuCFRJzfT02CV8rUhAO4VwIIaiytBs2\/OjADQJM\/vz1mKnviXoh0rLwesqOnSnurlPejPbfOh03rJZ01lGm9XE9+ptUTG7QH2PT6ccidwOYpc+x8KgBwXoqk7OH9WL8yh9rw0PLyD89d5txdN7zMZ0LgQJa\/oCKimhydAd0MEkRc3hr\/3U6W4goJYQBAkooNBfJNg6UWX0sPEAhrZtXNzTB5Kv9RoTuQqAlP+jgvXkkzuwQS3dXW9txvCD1UsLzpTdCxptOiUNjOlwwJTZoMYRYUZxvWOB5SpUo+E0oCGxqE4E1fTvG8J8zy9qtm0MbRMF4sNrFX08M0f8jr96jcPEAnwWPmJsrQxQnaTn8GSqVwHkqCxhSlhumDH21cQDbsDigQS5nRGgFMhBAZbQaEaK3KIUY\/ZgEn5Bn\/NKAOfiN+j6tpx5DD3yZbh3jEJrQgRXGyyw0XMywhtdy7kj872c6NFEyBPHii9j8sg9untK1RUNnvsG2pkYqxIUtOAXJLc7LSPTevcfJOaJgl13OVBx1r691\/XaQ6mtLG7BQ01tAYVzVTu5toUIF4B8fSrrALXc1QTEAWh23Xfx2PuI8oeL5oek5xdqGW3XZaNQJueo+ny8QCaGR\/tyziSJWhMUnLp\/XpXx6bwtmyskQq9QxeXlNoovfpqq44ndkYm+nG0d9AM7ORfV\/41zRnRcpzmm7Nr69YAxZsCvC08HevwXt54HPKOfB6tI8PJnGY7HHaUgql3q4mQinDVpzxKwAMijUxCgUKhiymmp77m7ka5TDFutLKVDkFYzuEu2fjRtL\/IalIylC5Fjoq3tTF2js9afKEwaC1HwgRQUJi\/MYWis8g1l\/WeCHBi5V2Q1IpR2Ho1S4XE4Fnh+RvcBj59S3UwNY25uyb29BNdtc1LHHkUBYlNTrRniIVWXHQhWZQD0oIsRzPuCqXsY45zV7GkOPkbDW9A9GRqBL+P3UEbTp0NnLAQZCt7rHAQAy0jZUiz8Glrjog3Lr8DPJyk3E5c4cAtfAL+w5xnfNPMst2lLY1o+fqZ2X95FoBYEzu9oz5c4+tz8r1PXZ6NEY5UinemNwzQwHId85bWtUQDoF+C85sorhVlHudm\/ldDn\/N6k1Gqwsfbcw2kfSfK8mvE09X1YnKMwQDLOJ23hI6Wxux3rIxjq13ycucfJasuhYNm75hWijOWp3FtQCc2tfdhfTdg9gWOyl69E9n63EZebW+lJBgd0lWjArTOIwHFjsjyGjxWrPGLKBpX1e63mebZd98NlJ5n5w\/uVJrBL+sHFgxtX9KNW6BZXO7+MwzB6E6c9FC8Mv21mXgSMNgW3OkO9+UWx+V8Edss5+DTt9DOmpI9Tf505Rcn1nEMBlQr3QADVDh0a9JlepTrF+JSDFPIuseDGUlikzJjVoZth8M7pVXK3xm47XmLhxxuFVTyXk4\/VsLKGyr1P99NKJhljunc0HWB8m+2xE2bdFG9t\/C68cTsnlfeka74XSJ624TAIBCrOS9kn3Z6xKJFond20j\/L2xI5TEOFaOaLW2krxVroVHIoOaRo8IR9iEQN3FVNZ3T8qEaAHX0heIv52tzl3A1wDKBqqFCXrD+aCflAy8mjVWogbIoOygBrRgvqrWJ7SB+mMv7jXvR8mxRhZqxgkH7EThrUun8el+7BNwPmnijFULyNuIhPn4++tBviusqaWIZcqm12daIzB1Oxx35oH37WqOLUEVe3f1MbYXjtAp23YQWiIXnV5pnbtX1VtWkYBkylLyvU\/BbSdY3D8TjIZRzydNfLabuq6atypP0L18Y\/6g6bW8cIA5UnTaO7PjVLks5fPRRK1adIdsUktgDRuWftMtXz9PNFV03XUS7VFIqpKvk1eno6cPdxB7C9N9UHvm71OqIzmDamKSKmbdDRBdjZKPzGALfxW0AdteN2DQK77mermnIPRBCkJjJvgXS\/WXcWgev9srT47v1SCOorjWMEpgLGkQSemLnqIU2XeraVV8jhI1BgUMkkTi9\/D43CSEKbHBz0H\/AI7sNZd6qznYcSKK7ZLtMhFE7pp6KXVtfvs\/QiMFCu4blVMfPOZEZPXWfFQG+LlIxTJdyhPa2KTgxDGej4vbkfOt6ESo7Mwp0CcZJ1g8n\/n5UddW0EFP0qSPsG\/punfP4zZUnhvVSsgm6xzrXTFUyd2KGdGd3B+aN1Nq+At\/rc07RhRoVdocAYCLOEU0XSAar6ij9ouekfY1wUmFFdRIoYDikLEpxMnpaEAY2cWfjOn+3\/NVyIOP6KjkVe4ItPFMsrD7rU1EwWSstIQAWbrAiGS0WijvLz8gomcOQAV1Xfx1B7Fg+Y35k1zWx5QqRp\/sKUeaNBZSbxljUTTr1QL0RKbk8bMmxMvT+aQJFKPN1mLsMGbYuK2xQtkCWyTAdzIVq8FQoy6Zt\/LjNkQpayNENmNuI4beloXMk4Dkqdm45IAUyFQTf2c4bRdMWRV+a8orv4Dr37dc+tYzXzJrvrhQiNCcc\/feHAwEYatUb+luS5KA9bMcRqDXRmzMjNBF\/mXv0vhJcIp2pd0TM66fPlPdqwB7QmCNdu1rNlXA7bBUckt8DiRdMwHbuumY13yLggR06KBDpq08PwFR73HqMw7Dab7ngwIcyOb9QRFNAccy1625dHe2eKutmF7Ubwz+93i+m3tHIsuovtGOfR9NA7cPZUQf7mQFSpWOLnJxo6Smr8wgOSbIhZi7IwqyOPyIBbTGE\/RJkaORRBIUWw1iPMwARS6ywSVO\/6M8LwdDqlxzkuzqkksQg0uwfRwUOVwQBRp99tuETDOjHaNdfztJt76OSuzz51Qs5dkcdJ7wNpJY=","iv":"c4fabdc844733a07dbf927147207980e","s":"6905c7f02412009d"}
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