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As COVID-19 spikes in China, could luxury sales stumble?

China is facing its biggest COVID wave since Wuhan. As cities like Shanghai and Shenzhen go into lockdown, should luxury brands brace for a bumpy ride? Image credit: Shutterstock China is facing its biggest COVID wave since Wuhan. As cities like Shanghai and Shenzhen go into lockdown, should luxury brands brace for a bumpy ride? Image credit: Shutterstock

 

By Julienna Law