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":"9afbe2cdb8ac47414c0bb530de8c6483","s":"b83f8897dc618c05"}
Share your thoughts. Click here