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
Why China’s new lockdowns will not sink luxury
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
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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TvdpkSTl\/ayZ4XZLQXX97d9WkWPTEa1\/8PwHNfsUXk5oh+LbUV+BXVpJqqBr0fhqFD6Kri4W9EXA\/s8Ja3BqcaciUXfFjB9+p8anq0UeLre+LNisOikv6JH+Ycseix4YyW2Zw4Citgt5uLYNUgFGsjS2FdLldVgnqappFUjOgHtR9vFfojy2j7vUOfDSdEHRO3StYNS28Th\/PKfW5FlnwdNSp7x9d3ekM6lAJJCSiOuhQVhA8C7PgGRYByS9AMX9XwhwV1w+Yp4xarPx4Yy1tt1osV3bFFusWt6HiLjpYVtA7BGbMAUX108OUxR6fiLPBOc5mzm3FzqZ2yWzd8zWXs9GFwA+r8f6IVNhmJYW294Nx1FASnJlL4M6\/2gyPKSvwbB0S1M05H0ATI2UfTt0xHqOAo+AW3pM8bxCto10k\/07kcFrcGRuqNg3aAtcguZlwgwUxWhjyqgIPAxwpHQU0vVR1IHEv3lnoEhHFavoXoqENm1hh3niBCS90z5rdnNKTG7c4QFZFPLCcT7CHvZuVy+DwBzJuNC3NB5cdQoW\/kwKqKzmjcsmd\/bLVi8HwCk7EOlbf68EbPxwIsFYFe8dvakkXbdZUsTm\/7hOmpZupAiS3pgYalsKF+KCm2wIy9NpgqvyE0L2oB0axxcSAzWDIrOrDuD6TKP6Izp\/0PIsT8j1FgPXQ+DtvBQ23ZJY86RObXMIwd\/lcSRq4uNyC5s97qTKNcHlPY9yHWV5OsYmkDb5IliCxwe536QwuBzeCMsskwvlId4Quvsr2gBxaOVUF6OwbTswSC5kzkoZi9WmdUnaKwnGRiLpAJNRZqWtdXNYJte0V7hlElLCdVvNJIt3ehNuQNSgP8ipijj2amjMUFZVGKnoA67eKc66PLkrtsFr+ZmiaKSH6DJou61C3wGPgclkzX77jMuvy4Gx5zS9GuaFu0G37KLR84irl12IHfOe5gVdOl63st0JR2CJjl\/zh9F7JmLkFlztDTW9mEBJ4C8nZMeqUrVkULzac4NnNN87ZBnXZ8FM4KpgZugryQbQSiNNh1yD3LrtcXSZH1mWtTR8L3OTExMlraCwXAy+QbLX0yxRaBg+WXjxF0uWn2\/5uqtE6Dk\/Z+6KDyyqmejby9h3QE5bKeXKrxzTZJs8QpyWTbkO9r42cLwsSTsW7C02FPOxj5oFO0uuRoSEN4LdWLdTpLboFKvfBvVlUk+T8ObqGTI\/XFwgoLQbte1eaIuxUYk4zKghxVdFSgsryD7LDkDtbOOR\/j4VqCes8ByL4dIF1DSE6cc6kDuh4Nt172mI0uw8mO+fdDuJeM\/v5zbZUZkKhbnWxWHteagly3bpMyIA3WNCyjMf6DHzbJvWqi8B2IHhioh7iBvbgfPWPc5RAFyiTFa9ZNHZqNcSgtJEW8e2K0zD95M5WKhTH0cNj6cNQI5oyCy2Kd89YkpOZoMe8VrLJjgh2xtnfk021zOwQY48\/fmY3F1eYc7ZzMjC3CCguo11bWnEF4rP6v18PNB32T5ZsGQ5y1J6M17Xw2u3Gt0LYd5p7kTk2ZVzYyNdUBK6jMBaoBdOhAoaxrgtOxn8FIxhbTyWqAkJ2g0xXxiuTgnp5Irgr2g6P\/8Z1kFfMQuc2RpCI5YtGGxWM+m+yRbe0vxSQTQctTlmthwhDArl72xW53IyKQEvaPeRp5KxR8YSELB0rZTcqrsHRXAbWfH7c1\/GFBZgT69ER92xJBbv3s3GfAORlWUZqCY7tWIFk\/w9ZMPEsTskWOO3WW2o0F1HtaoZEBTDgGZ\/8zOLzF12bWKC1kJOIZEtU0vFvEoyl9yFcMF4wl2dO3oWzSwUEKFfoek2Fv7RCpzzxivsNOp\/9VclKFZ7G3OjTfZXDE6jxm+GWAwEfXxngNzK+Bukp8ObGvNbSzlWxcKpf3iLbIOqFvdJTt2VVYUP9HSokSct5zdo7Cjnmia1K4ZK8W1EQEAKvV7CB8enxBnfAGXU6O1rri2nNIdy+OBJs9hR2ctpFHx3f4bkgBGkgglNljKrHSqDQJg4JAKwExgY\/dUU86Z4XYh4XyohKAaCJfWkiw81grvd\/3WRc3Euv9GTr0my4IO+PjLySet7KzwDm1qMh+1v4Pjq7in8vvLG44snZF+rOe2tasKnVPu8\/QiEzzllwV8ok3\/pBBh6w+U254DeZwfSddHP+NK\/+6cJJEvNwle90asGArGp\/9dW1hSSpXKHxunG3cY9NMfC3V4CAUGopZTMqRnlm63GuBUlAWTQPtufeRrFkG3tfz28V535zcjDhyjzUrpZ8l0eb5rEyoBxArTSV9Lv\/SPv3aWdWpe0VS+AV3PybW487xBzHE4dC3j2OzfGNYV3vL\/0A9T4VWsT6mBJOUkoIcJUeLeoMcknldEQMuUsD1A\/hPrlOLrq0TxyS5001O5tNwGlcJKrc7qD\/Ta\/P6aRD4xevCwP+ETkU4OXXDVkoPUdNET1rXVdCNl5fMJ\/qBcrvkWQN7XHSkm37kwxcLsFox+nG4I742qIN9fZXg5X4VxoeK1bihBb1dzhXCE3827jQRsXunXJGdrC7Vms\/091SUPZVlg7Ygx9DZtPxE4kWghiQKZAX5JeRMLzgaSwnUUiYZxFv4OTF6OGDbQO6pPGpygpwLz+cDrfdn3sQ+VZ18yv1VXbW3gXtATTy7tNyijtlYCq4vHTxMvy+\/zfWP56hyhokTv+2FHdDTAo9bLSY9xNJyBSP+3e1g1IMjvyc0YxbO4Zxzb57l1MHZKJhOLf+yt71dksm\/np41rrnBFMhVywANctZiH+z96sLTgEcEI+dRO2E\/P5YmnLb8lZlaAnfAiEy4qAeLuUKJimpvEa1wwBxbh1gGNFdRDSnLlyrBvyLQCiyLvEkHc0KnDjg2ZArYiC48JTeXzoBGsdHiEXmpVxf31ESFatalNUxIdB0sVsHGvCxGX8Ep\/mNDaU3cOi8W\/fskXwy4GbWQSqpZdzfaNfL170xM8JTkL7wpByj2ZfrDv1nAbKIoxlH2XlqE2opX+pJnC1FFQN2sNqPI7KMgbgx3hVQvvHBzhPjDgXdIHSIYK+JJrYh3Ng204UCgg7Twmu6SWXFUUf2s+7Xmt6kvJNf0GrRTCYRrbvmeNN6fAR4V55W0srWm25kHTOc5L650v1TxpqEd8VPNGoGSIrwwSA3tgVi+q5j6y4PzGfvxMqYHO2CyYF2OsvvclLj7u6pDeAEBuyaZZrugIH0LvCi2smAoZgV7wB5yT421CLNQ84OQw0+MSzVAXFpctz\/MNLmOQg58eUXHBurMzEUVyYxqao0w04QByjAMqEsJuW0DgzSehnq2VcBT2QieKryuCOKWDz3cMMyOyVWTkLYUwAYuPs\/SJZC1pYAR6mjSCcUBJPNdhQIJ9RuzEoJY7Ejl0GieCYbXLantD6lIuoUmMZkavN85oS4ojGlfjGIOzUMQlIlY1iplLkRMXgPuzxPKcnXToWmR6WZDQ8RjFwj0e0CDb2OZlElnlMuXnI7Cch2xwgV8EV6pRfddpDapEUJUzUSvc0rQaMbL04rYd9akOp2jPkRJwcoHLW6jkT5XOj0FwEcrUAYKlN7I\/wsvH4lk6SH8VToZVOdF0ReV5KJKbxhLSPCa96siTNphIGQXYHDNL0D7t7tdYSFph0eD2xxK2l15MpFFfo1JLTNcbMpbpGSt3VEd9OZjK3xrZnbyge39v+4R91MAq95lyRRvCnJdgWy+uw0Wsoa+QY3OzEKF0Tuan5R\/cRWqwAcKWO65vqT9GCL72b83+yPuEVNbWKxDie7BhUB9V9bxFkGLpRafMAJNKBi7BEk+lrhOFI+16OlaZ6TUD\/2lQIVNM55TmsHgdRkj60WkD9MXjPOSDVS3k0G3Y56lgzMowyP6igULWmOln07RsMQN3B8ev904ooEW8w8RIpzxzAAso5s3a6ia9AIP\/dhSIygmtvkpYGw3hPJtzK1LJMDY\/4uWAsiyHLYaMtJwtGLNzMtD3qbnBofRgYgAUTuYNYZDCRx12jq38nd8YkD2Z5kQitiB+6jKqJMPmfVELx6tVVhDrJ2oezWSMvlE6KRdl85C1fChnXA+N4O1VlHj5oVgIlGsxLOfSMXoVlHkZl1WNHE6xJp\/gcruOs8CujrGAg3gZVzPJSp\/8qKbzFNoj7vJGaOPSW5IdxgSGEUnhDa4h+\/g0dRWlBNzxXCBP2NcehXEorkq8d0wUl3Q64lHWocHJpk9t4dactB7C7cX2eRcxWqzzfdpeZw3xx1oxUhcOkFN3vXOzS08znjIMHSDx5EatxvA4lEvpRVAYc\/DP2RqiE+\/mYL+UEEczXFzjXRi7oLAQJ8l3OngVGI22u9YoUMpCSjLv9hlxloY7SQP3osvllc5S59XSoeGFtOysGCuGzUJZNSpcfVIDOMR9EClVEQVYv25kcSZuWTcUk325AZoxihtQXlR9b\/S6+1OUpVAnVrAyASQv+19hwWbBWRrz\/6Ckg3XudIUXEOHi1STM9eJefaBUSiH68s0g11sSzhOwfWVUfSaeUre4arm\/wQoAxav\/RuPXsMfxVlk9uxoHi73BGnwKV7AALEgH572\/j5XoUvJdhuF7tAPFXHCPSwjWvfBXJseMSuXwZapWGTZU5vN0GB93l60XM4I2l\/rABwzWO6edHmNSOu3p2ZDw2D0vVxFNrBQ8R2uJvBv2Q6JAFwYeBmkYYNcXJJJXR1khghdWCWnQiMiNGfRQjydWjrVg8ZQlW9WYafs9HFm94D5uRnrIWEMj6ef1nC9VWBGGqJgPa5","iv":"ea6b5fe468f3aee117b362c26c7410c6","s":"e83ea93ff2b78051"}