Apparel and accessories
November 15, 2021
The luxury goods market in China has doubled since 2019. Image credit: Louis Vuitton
By Sarah Ramirez
While the overall luxury market remains below pre-pandemic levels, the personal luxury goods industry is primed to return to a strong growth trajectory after a faster-than-expected recovery in 2021.
{"ct":"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","iv":"2adf468fe57edbf529a44561aa8fce84","s":"add53d9daacb5207"}
Share your thoughts. Click here