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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oxRv3wrF9ZoXhY7LklW\/SZaB7RofBWQbgVRybow8Y2qcWp4MjHlEfzaBWofb0QHaKTaV8xcy\/LzWQXILkQNAChCUWj7wlmrfHo78gkFPHnEPSjIoNQfEhSV0WriYy56PvTxs0leeRAiCyXV\/+zIUFOWGMHdUoPX6Oqq\/e5zzm2O8BQBPy\/eKF7ff8a\/4Ddq+8kqEKqF0V8bk40vOqBblcSDjhpzc2A+lqOMqsGx9UO4h9e3LIV2dr64y4ueOdI3fvS6EQL+3J9lPfN1jqZ1aVR+RYYS8XYHPMnp4aEyqslU8JXrWpa+Nl0k1PJsW1wSzCj1PDW8GFYQ0zqV2gXoYZV4ha4DuAdFIPdtEJcQOYQ+pNoOOVs8e97lEiAx\/83AO0FliO3DZGfCYptAKC5Nx6XPstsJWgtGYRJc3KsfGgEj+vhWvzg6SHpP8BDa5d4FyHj2pPsXyud+Y51e+Xlnm0nyugYClD6UndFUhV77\/+90aRYtC7LipbBArHRElksEzHMUb44yu9sawIEqL4yhgCCFuk7A7xYMAELtpAvIeussWYfl\/KvEuHD12hPEoll45phcLhpx\/jX+aVVljkvbDLI7Cg1C8YhyKI9D81ejiaeWQLG9L6NQKrdhSQXr5m54vwnv5pYcL0PEldjfijnPuPrnyqvF3JmHHJnLzk56HFuarxKeivm361KYQhCDjUe0ZVNxPZ4DMLpf9Uh1umSgBanCbkDhOQVuBp6UeYpIYdghwGX5E8SrwXrfvch9o6Jx9rlSd0EjdSRYLKDGW4JUEjkbug2kqHrASbnSwXpF9VHIo14PiiTH3mg+\/BB7WLvI+XYNHOjRbAyf8nC5I2Y\/wGIxGBOvDDhdG0Wt4M\/y0Z4t0dck6pWF7BnZGh5KPJSU4hyN\/Exs0tiw2Mylsu9Y9f0S1QkkjSYSZm8tW3wrLH5no1lM73Inq96SA3Wm0bFM67TwXNMfno5YuJSSnqSeX0vpYEhBW3PqI9mek2+gwFtMKY2uDfi0aPtwg2p5Rp3ntm35C1jttHXmsolBGXV11JWQ\/9FPHwynzxZgPEi1\/l2KtX9qaq4hO\/vkFWCivCu8whimznGe7JKIB\/IoPSZnEO+Ha782KwnMa4UWh5z6wauj5RuxdkAX4HMvpLHGRw0uV\/2njqBUMWyTHWACzAjXc2ESmZwRW+jCiFUHtO18Chk+ZRLJ7ciuNAWaZGQ6RRAA2yN6pbbjSJEgn2CWJxyIWquPUd1V\/YR2sd4xR9tSi2a8PwFMNj8ofF5Pb2WXndcnok+j6elC3BfGc0BpsvCj84eweQqm4kxZUwEQ+b0iku6qAR0Qhs60tX9M8yNE4UVnE5Y9h\/0US9ceReaypGxcDJjY0DHRA2n1seYn5n4yrxwXStfU1Cobaeqgzk+sM6ZJeEomHO0\/EcyfFFNiWiwnoLCDD8NgP0cI6yFBypbQoTROHVvQ02qrVMCyABot7GTssr2RYVrnh21LbTDo5C3GhGwSHYf\/cu76Cr8sKWzNdhgI+4EbxdEzThzbWK50fnKSuHAPueQVquCqUQIWOL2Y9qJzgd2L21s53XP0rT2mVeln83usIN7jBoPzs0dAtxxZ\/\/7D6XIyyiuZmx32hfjTbaODqZECkzP4YpU32joMnXgNvp4NRGWOsNY\/\/hmd6lNaYxOamK2wwQwTQ6fcNXU0L\/EpmMuCFZfHChbcRnLMSAXcOsJfqdp\/SoufpEfkZZnc7as+S9mqTd4oRZekLteedDVa6OOW84590ry8W16fZ2dNYDlOnIqfiXAhd22U78xLZyZ7uu8i4aLSrhA+eM13WvIE+z8tP8zhS29BkmP6TOwWHhwldqpGJe9H8vBJRNFGqTEkd5LFCnIaT+PTfk8nP4VaQL+n1dpQLXP++m1XWfvCIktsMZCk1R8zWPu+Er6hn\/b\/V8TKnCX4R\/FI2b\/uhd9jyBFhkh4Hmqz7PbsucCzYMDMSiiE5TDNzBxM2uRkf0pZUXhy5Z5m7s7uRzweMUeSaPCFwz06B\/kCdG7dK9RA04z8L0V6NY\/1NIELEHLU6K3FxpGUhRHg2oV3DtwGDzZVekGje9QsryZcSY1zNNWSiZvCNe5uWCG0\/mayQWdN68ZtbtCkkpcg8w+5udWWdUdHZzyZbSSpLpfuYuFbBBgXME5GUUEMp+iKH4z+yz5V8shavc7EevNsr6q9uUpxLIx7bUb+kRXgXnJQVpRn1dNEW\/eKoAJeNZ2WYpBbJfspc6FbypO4iurVaa7w9rAyYTzfCb\/W9i1YKsojCawiKLD8M4+UK43O\/GbUwXxJQDAEb4nqBWblt+ra\/Ylx225cQeF5fkreFEyeYZJCKdy56DNhzUYalHCd6w5J4ZJbk8zt0haQt\/\/in0PNzF3RYYbDC7QWLqvTZl9jqV0funfR5hrBaBhRLGWFYdgOTtON5VlCKdH3dwRjAzRXCiS3DjuPv8Yh+Oxdbt30n7Pdz9NnRb7HgIY8Dbfrbch7oAkxgyTR+l\/PWIG9YPMr4\/cjwyh++A+a6PvYpuAcly2EZHeB8SmdDNuOEeGTzuUs\/T4Qis3clenEkajxLNjyiofxOLlIBLc9qQLefzxdnF6a1DhUWymVIMvVQ9KORYjfDitjRYZVR8VGSrNqkjLH3DHZzzUsATfwK5iAf+OieOs+SZe\/yGhhTSw\/kZaxkaIVhwjpqmKyQtv1PvHEqUvIR2KGR2bJgEjgnoZXhMi\/n1QxBB6bfoD0ziXQGWbdbaSm0uQFUqykrCwHkSLX4yKy1ta\/ODHm3vBGPv3LxvUAo2b+G02JqSgnw+9+FqIqSTUTNaTVgryFkdkJf\/pn207T+T\/OMzlAsn8pod4mW0tsiNw6KUIyXdb2UjqlTSUPoYCOLWBZ9khwJQz9P+Nmsdf0nB3\/BwaTfyeF3MXci\/ddJ8iDveRTR8dEep390wHdRpDa0D6hDGfhaeOP8L5YC2A7rpLLkP2cM6MKZWsLNJBwUsgrxwALvOYhEDsnBFkjpkngjtzXACjKSoa3ZBF3iIYto0shxWegnnqIsQiGjjHFC50SbUdYACTRb9oTTlg0JXHTnQDneLIPCYTTXCZ5Sn8fic\/yuZ\/TT9VPcsC+aM25Db1yaJvzksenOsUs2lKi60p64SQAWqcg+rDzCswFG1UM3Obwd+JReGfTJq\/exNLcIFGtXQigDP6Bo7CfcBBxvfpDomlPeWWjFp+oPx\/2t\/3Jju+Ky\/9i7C5ldLdY5\/PnqegjA3BBTLGDbqKzNqoGYTzrlEwh9ST9Mbo67z7dIJplLCrQAkApKShyaATtyKdMfxR6hqgtxVa73eyxAcez7\/wp0DY4TuYQRDus3CMQQuUc+1CVEg\/4uxYrzf3NhXiJ5krazFIiDC0Jj3e7o2z5bkQn1qa0u0b83RHVRujEvCEuZKF+QPjaY\/3Xqs1Vp0tZz6nSf8Ufr8fUlNIaYxklqD4ujFZhayuijX5hRLEUS2hX7m6pfTvY4w6\/0MT12i7udpUt5G4vsbjEjwOKC02W\/Xq8irOsEmgQgi3+fSq6qMf97pFzwkCNcpW4hxKswt1AGNWFPCLmla14A0h4byGAofQmpV6tJoYkEAN1zklOotXf\/G4oIQqRlMMWl8bsBBW2qFSLWZx7XotMcjWur4ii\/HwLI4qbu3ROEf7qoeqi\/46OUekVc4AOLL+hiuDjZPSBYvdYNgTF0ZW3joS2ghnMcMHEJ9Jb2\/ZjZFeAWlz+mbmvLCqkZgNXDkGRrOs9SPbOBhQjaLUJGwbSvZs9fyaYvM9HnRU8yanomyAwNgroZeKR72coDcSMRiqWyCl2UI9EBy2AYJsBhHey+uMgvatymWSN8GmglP3yI5nT3CFWd7F42eMZQG3WGriTox4KfBjAzw77GAVA1ZFcAsC1xo2fH49XDezw10O4OMxC7KL9ZTXBfhonJrZDQ64HNb7WWGOFbjRy9xU8n8tFJ49ZGrynDXZX34JEH8GLbN+c2IRw2FHEXOwqFAc8sfz6860fjrRZ0XJfZavbhXxPXrnvkbdpFMnr8zqWG\/z19NwdbnIkctCZPYthr3rJG9bC071Dkt0bWY4jQ4CdCgIK4X3KzpwrTKTJSXSIm5u0p9jp11lsgyC5yNBWpklT58TI6lhQbNlNAHR3vykQjLkhHvW9RbnRM29LvdMNuh\/YIEvcheHMx2sXHdArr6iOuikmJeMj3VntYAy4GyqF9Pg9KMvNYQ2ci00v5vox3l6TJOjUsl1m5tOIWEMeMLDmRtmq5IcMOMJUD5DyQsF2u90sWX7N99zPWnHdtR2\/fGc5UQJ0KjDJYMZdDW\/fzLiStfLOZ3IsTMbWE7IV6IFIUJdRS5\/AtfqMnLNu6dgp\/R925LozeOGwcQeOKdZ5CZe0lfuE85Xpys201wnFCdT0BZr7J\/4xJroPG4CvvVXhwXZq5md20MEb0sAXLCmPNz8BsP2C10nfpuicG8fiCK\/RGnrvpJFGRkO+FqA0oCiTbCPiDhJJdYPpuOMG56GMX\/X1iZ4Zyrq1aVWUT8sjN5r4KN0lYbh7oq\/fm\/V\/Y6hw+UcIrMBy6eqMLzWKSjYN1jBiZfUiXpGgBontgSEcpK0nlpl6t7lXjBR2n7Rma+rUt7K4S4HIbA9vL+5vRMlWn4CnGeAzOpxMhF92y4buA2zrtpDid+iVzPQoO0POj\/M\/HdtYWV2cTpQS+Q4lBJ3HKZUg3Qv1ggdYrtHxcGAypuxV\/lAn\/4l7Cw+6zOsxVWomq9DtakYe4\/QXVmZw54KFV","iv":"bdb421cf91d9e84bbfd1f7ddfa584b52","s":"a90987ca975af3af"}
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