Retail
May 24, 2022
Will China's zero-COVID policy endanger luxury expansion efforts? Not in the long-term: most brands should already have contingency strategies in place. Image credit: Dior
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kBop7SPginOSUMJ5ggpCNPIGEigWSlpkmnQoDvLIleLQHllIxfVUU9hFYuKF\/JkFynjexrR\/QqC26t8m\/3tYSeLhe6v9hBD0uMsfp+I8UNBUaH4lfiKTOeXIoGftCFDNvWdThqrtmCnNEODV3Fv4WaitXag26+bC2635PY+NATLPdYIMRXMUsgMgkQA\/x2JT4kqf8q1A110LKDFybjFiKJNjvKuoHT\/H4BSOuKxXgTU6tbZQ+agErW9Ccb32s+Lj\/BVQ1xo92ig+FaUvyqVyHEVL+TF9+epx0k9x3yrXrp6mtHi0+PX2+7M0gSWwRIGgDJ3eBUucbEfaWEchlqwu3\/f9+xebDGdyqgReyw7vBeOalqA1yceGSTWcVdXyZ2DYrT7y6ECjMzwJ7PMuqPxQ8l7cc1\/lCEOx3o1H3O8EyVQw0mdAlfybgfEysStDfo3aUovwJJHgXDj5GDnr7O3TiZhlvcMSnmgyW6NMU4IB4FWcH1rmHGqd0E1bJ3FBFAc6hemJyjpJu8Zvh+V6k38g1UzRh8EmOnwhcd\/AKlmnwXL4ZlxXLICS4IfahiLBwJaSnOX2v46IdAkdpczKF49nJkh1oTsX1SGWGVJ+63ro8AjZ4YhUcqFGqZUJ7mn6cY3rpAtof3IAdGuI3gsY3Dgo0HfUNUWQQfV1DkFekf+PzqK9QptwFtoC45HRiSUyG+ovD6CNoafoLiEut+qry2K6AJxov0yCmI91zYOcRfobULirh2cdrMBLZIaw+hVUg3pj+vlDS2HI6Y4pd51wvDRXXllEXtGXZC63uNd+CR30MDDf1iacRH6+DrpVcoUjtkojF3YED+lNkKutZjkraIkaYepUtrIH4YUgk69REgCFtxDrXLMkewy\/na\/tzk2NqwHRIJ0LAC6y7LVLMi0r4Z6OsOWErnjPM4bpv5dYN\/2S4uMpKPMIFlo9\/x6QPdlty6qfEBXGKxNLoDTnoQzitQ6o2RiEOSWgNXQNkQahEIdnd80Ri2LlpZCz7bYfWaZF4F\/P7lZWiDZiA\/T1aevNWwPvDRAVLa1scxsnRru5SZkFaFe+8os+3h6XE8CSUD8w9ZwKJeiDjoMb18dd+VwkG6JymkW2bmYn3mFK2m\/+Ix+CbVaFROE11ctf\/AcwOhGm0kny6STTFIibPjbbtYj7AmzsTrZjt7N37LQnTNJCt3dkRIcAjSCWp2BffEKgdHQffCeNoZIE3zo621rVDLIoFfyY+f39e7zd4zb7rxZt\/KCV3CdWrX\/6KNmgaRASNI\/LJc07LPowAHrXQnPZfsFlHpEGbMHA+xVnX6ybEwEnLqdWrwgC4dTMYA1rENhahn153AHp1QaotJYK1tIO6MmHwpZANSq7RigWbiGYVZkQTKX4GUz+u0uBUNgiz\/hhgRcuLDcJiId9W\/gUVc7KLG1uMYIRD0lBiMj7H8fyYqtTRXDqFivhjhzk\/pyBJ55CJQMwWNkA1FQxHCI01q\/w6YsYGDF9WDNBgZFQIZKDKD4zpsVTakSipK+pBzmolwm+SwoFs5bqz6adVlNd0bRs+h7UEsHJ\/gZs7dCfCWtM3wOQePlx\/DEEVrdF+KV46s81tH2g+BQ8J\/D67TpIyBFraZufuvXeXRHUmbm1zThsMqe12l+SkhuV5EPeF1Dgl4bmT7Ea0274eFVPA2ENSRlJo5XUH\/xiWqMpxIsIV0LQNZB54\/6vGJzVU+JsyeyIJMo9XqxvkwsU\/86dkThOn\/EyIE7v1PQLnd\/q\/3NVZ2j18s3v8iQjyRd9DAH1kjkz3Zsvpe3JbvH1zWaV55TRlttkIVcBDjusPMwBX3eOjkdA80eZzYNv+TNdjbgQhGEZF7F7jy5eAOJmeurHhnccxUH+jTmsid7Dt2R1QyhaQ4zuzV52v+dZE82nx4PuHF0QsZoeQFGNZAc1sfLEhr+PzFut9TK4zaz1JOK9HtrRVWo8qNLjSkt8YIctDJgErzcjFHZ+Tz13oVbB3EBRzNpAGapeCJ2YYsYlLiSxR1VJj+pTzzNYpsBMV0nYrJ7PjMlZXhV969coIxDTfRbVOmLLv4v+UcO4YsqTOhkZZoNzlf6OkgrN12N68IpWWIhB+f7xlzE2WdNwLI+0KGB9pNEQdAx025G2+ruLIeSs6rbI4ymFchskzm1BNisAE80U8eSvVWfBIU2PktuuZ3k7vLUWoea+nTcZP5ifYnm2f5Tq824HznSDuYveQFHVkEeTtOoQx5NMm6L98pfiU41UIYpG3pmEzALvNciwkX4AUrQEFrwSxkcrHI1dK2iUsaOk\/JxT3zt4dGfcUecATRETAxsltuQnurKIMWhbpVpkXN2zAym80x5ak82Y7Lpqx\/RAHEiDs6mnWFliB5IPMt7vVCjAnFcCaqs10D4G3McmuFMDY929H9rdWOqwf3qD0ZTJLfrZZnX++ci5gKS0n1BiTIybggCFMHeMXdGnX2VJzFM6S8Z0\/9xws90YJYsdpd1Dbb\/Tz1OwOw6pzy2iX0E1MdN7DSvalIoolw\/ChKM0Xr4bLq0kqSMWUoJEA4QTbvoH\/PfHiloBj28995\/czbv3EsKPww3TqfliMLvV26xEHnqxYhhbjLWUv91s5AbnsQ+zjqpd877IytvOl5CjzDuey04TJp1a7ZTbf6LV4TrWu63A5Io63kipM4nAnKNifM2SbVahHDHjNTFDq5RFN6Tu\/QmZ+HGkNZ79PXDXJ7iCTEdQsDkAV2pxkMRJq75K9Ohs6WlN8chu7xzHNdRQF7R7JlXVH6C+Nn0MhQW3cY+QDOF8wlOY420MTQIaZnXY1A3eVnJFw7+uDl\/3VQF4eAo+y8TgETgbkAiokLhPmY9iqEmHEpfpZd5PIpV+5aDu90O2iteFw68HrsM8C4nkBzPxPLCLQ9qlGTrK50Ba+GBfePxMGi8gX8ynbW0AbUIaHBedwfy0BiX29XmEg5PPb7DZSXq5w+swItMfUSA0TKPhIVzSGLlNRJal\/jeWclj0AKjKCeF450gxj2Z6m2jwlREm\/NKdegmtGgqMa0a4KrlHwkvwiHrmMQvl4IcALNCzBp5SL1YQ3IRCZScrIyLloE4g6LYVAnu6+yMKRDcbAsOn\/P\/BQXe3j5IdtD2FR7AOmaQutfSRVjSyoac8Bkp3Tscz6uT21jT1OhCYEwP4Tvf74DLXZAPMg\/CjpymGYE24ku5DGVO1xprP4p65sczQtt+x4oywWeUgBdUKVwkyqei5ZtPWe3ui4JETkLYixo7Khq4+5tEQyG+4f1lYG0wbepCHDY3lPXYJMQYhglKrRFDEdvvrjz\/J2G0cIUXa14njHmDhPlgrGToa3\/wO\/aCKvKTtDnRb5jXqFf8vf8\/u6ieq\/nOAEeIs+l6fqYSNEKE4sVzPKj+NPL6HXFfAOJqxcbdyz8\/ctgaDA57BSjK0y4Jln6xocjPkEq83fFnVK8h8LUDEqmjbxwn2y\/l2tg\/KHWRCzl89Ytmyrdqe\/qDjrFMQ2fDz5tYsWjaFyrVrSxQ3kGVG6o+x3UjDMvk7Y2++arhiWDyGPsxZhpeIaYY7oQr+dH2nDgi97u8JZ1Vhnh7MiFq47ah7KYr1l6GX3Gyinrh7EBTXkJxehjoTvKj+5kiUpbxfMjkY8kOdomlJOXMIKc6KKAxierPzqysHgaauG26NXYlMd1uHFmtut3sMD+V6PoItJWrvTL387\/dOSD\/9EelqmZQPkb+\/9KA\/zDaPjauqGgVFHolDSleEjA1Ed1COE79qrcKTpN97nV5B4Ez6i8Vw17I4zMCC9XYuVZUJevS9g\/OMHq6R532l+uLc06Gh1901IqWKCgqQ+E77mYeJgqxyxR7Z+9TEst24eoLsgd6HXeVVliTCgktqpdU+rkOJNo8rYNLS09oIngyaR96or1bq5k4Ni8YAy8x+hgzrhbdZbg31OtR9hJhAgwzkUu4g9AQIFpexRRj23VQ1jrAC98SsrjK\/NLjZmMOBGcfrSZ5kOhZn8LRPNjpsFNk1Nf3H2ADgkkOz5DrA6\/onXfTIA3vDo33bvCcKB5j2YUMk\/7ohdwMgWnyTz\/9uRbLgBZhHElPzC6cs531Sqrx8pwmn\/aA65kzMbiZ8liIRz3lCEDiuK+fvHZ\/ZUYMqe+IcnPl0ni1mLWLyxDrb+a46Sdi\/tkCI6CqS0KOCCOIwhJssBi8RN4mT4d7\/zGtNOw\/iYFqLg7NjcuI1t4Z5+ezRpk4BwngvDLob7mxwYUQkYVxqJt1IEDOEZp+u5\/WQuM2D3fY7IZYnBNSCyPQwkjLdpnV9VL54Yfnsv2O0Ipdd6xavePNQIcnTsyV6R+gK2vXdr7tCP8l7lemjNLa+V5JtNUGf5bu8PEE7u\/wlCMGlVc0y6npTOI0zGDJ9Yh2AzCq66heXmYagXLUsdaC8waKE69gHoh0iTMQlMvkdq2bQAg1QDAUujLc2bqrUyBCidrm2pmwzSr+X\/6o7BuN44Qg7+p4TYcpjP4B66r6+EzBSoRHHeRBJj42WtbnHFZSLBefil0PA37GEkkMOOYB8kx0JWm9kVzbP1h5UYQIDVdbkEIzrQP\/aqj\/1pPOb9zPl4klcjgUfwGBXjRLUh4rpwZDeq9CxEm6PiMkBj26lz0rB\/SP85GsrICQYR58ur7dAd2v4N8WHGYhFFFM5HGkBEgYM94XpNZZ8HyLBKWiOpiRQDYWVBFaR+xZMxJMSoda3Dl5SazA2aeH2xcF3gPBY0+Ru8QAIbKKMvpgNDEoO3YGmFm2jBsf4QQQSDR1","iv":"7476e778fc5873166bafb4ce1c225f51","s":"f3709c2c4253060d"}
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