Retail
June 25, 2021
After the COVID-19 pandemic, the luxury landscape in China quickly became more advanced, and local independent multi-brand stores have taken advantage. Photo: SND boutique. Image credit: Various Associates
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gD8x2AVvChSA1u8x5MrGu6CjhdV681lUVbeh9Yf18uuZfB+Cj0GDMe1dn\/QTvTC\/CTVP6aOIqjx7uvaxMeYfptPiYGjxsrIXCU0su5p\/852vFKLB+pq4qJBSSS9\/2l+44y1NQtn+UFiJHohKzA5pJRkL65LXZKSzFWfvy6QKaewyPg7VHMxVuQ5CROIwE7sG33fHLLe7xWNnK9qPW1YsipBXXl8BHtf9PGOhTmDiKsGb4T5Lx4N2OwvxZgEJRosey083jNSIbtVMGYXdcIM69LuISPwpROk9B\/QV\/UPllCBPl6ZMTZZMpbUKOoWTmcGtVJcI28ggEpBu2TFRpKUIdw21I6XD6X4mCYs1\/OM8VwcSKJ8Dh69Dchj7t2BjE1R+fkjfsnuggg7ruL1gD3zTUGhT3o2kTwJbJ6bg2ZrZ85DOVL1zgfzKB9TlsJ8ExADIWzXF3rj0dbm4l9PVHuyQAEM8rO0GM4D0jEz23xdD9VAWwOqtDhBU79ncF5GS71enpH1zTqJm1qTvZvTcBvr2T+fh2faeQPvUC3LPTGIttJUz5IuPwxGioqW3Q7Zzb7bBrrCzXracJHbkIaePRAeakKNXbL26uQgmx3sHTZqK\/qt\/9hQpilUHzOqFF597lLOd6WYKGZgApZs13ULY1LD9qWjRvkhwtbpY8QBShSuaOw+iTMs3Ff+sI9SWAf4zVWnBc9BD5dXVMgS1X\/x8Fe7LTp1oatBihaC1ylztHudadnJo7iYA8S8x3MXJTLA5k8rTCvSaLoLQpSohZbmoFr22zlaASjQjrJwHZWJAhuICwdHUMYHF8kbGzxT0X0Qh8yAjpgp87m30SIMHIEC290Q5L3rC5Fxh5aExjTHwvXwJUAfsbLJijFoirpdaXpll5\/O5GHIQ2zl39FI1bNzckGF7FFKiuxgGyxxJ09\/r3JEgtvWJf6KUN8qI+t36T+ZElaZVmsN3blVqeDvLl2pmpqQZNSRB0jwZHzNu3CDcZfj8yQNxyuqDkXIN3fIMLxhoQ6D8LS3gjOWmPdcjZ4ACUQRbRro6PIqIl5k2QBMWdUMN5fAEkyfHvG\/MRkJOL4RXEPSCgdJrTJriVxeyrT4\/+E5n9gkgPd8KtX0aM8\/vWZg2drAbqt2MEzE4MzOpOfPi5MKkbv1GVP02+Vr3JvePyYFFPaHSKokUxEchlzoxkaQoJIbuWuMe77Y2KgkMNiRN69SCtIIYTBkdUpFZO8qgdQgXedWgBxTmSd6t2VK7uRwAOIGJTZJCQZJjz4PvSIsL6aKxJsAxH1sG\/jZUPaaJiv29bLy9xx+ozkya7xLt+ZIoZeaBx8vqnCCRNkiHMI44+hi9KYcOd+OLdMvDKYcDpWfYh3C5a+x2J6iNBnj1SfF0lzi9yG09SpRke\/ltwNFwIGkyL1bURRk6qQ8fLMtiOllhdYpL2dMO6QyLPj9IwNjEIuCcUdMU2k7aribEKcLyKrUWPiMsF6u4AO22FllZQdvCZKYcmaLvLiA34uzQrtu5MZNjKIl+k\/7xWZWiY9YNgBFoVpd0bDRxm8zuceT7vtk0iXA14LeAagEVNfsZRweGNJcZAe\/9x1dLFklf7LlV5T\/CHpEXpnAIAbXIypap5UOBUimBlFgguAaWYB32IoWvtzAT1zUvobJ86oqfTaQ7s2Cib+8YU81z\/nVvRb+llVErbcZL8c4LC8rjz58fCMTWzXvW5xpbjF2Ey2lW5gb7Tc6TQiB0eXckwH28Z1dxQ3tTd\/Ih7Rqf1snwiQ4dWTU4VmpQeRa3A81dz7wstAVpmJ8u99PABVcisNGlx44GCKLtilIOGaK\/eGGAVwiaPxIooABarZ5e+gzfIAth+kmEDn7oyqoUpvcGZ4kR7tW4sbwwgJvhQ74hEVVuY8xHC7NeUqwiyea9Sp8jVrqLO3hwidQFJFTWq9GqFrr1yfYMVEigtd4lasa489MV6EgXecZc1Gm0mcaHrkEUKiPZ4bV+wzwHyCv9jni5+pHec9Ah\/39OGl3iu1v13vNX95KDE8JuFUB6E8gzd7DnRakzcNMmQv6d5KqHhI3eI4eoS5WZNRVl9tRaaU5ETZCRFNL8tiL6CiCus7Xt2n1StCC8ZSB9MN2Da8LGd07uNIjoNOxjWYKyQsrDpa4tNJnekQSL+SGrJgbOLsRgT0VA\/agqEvwUDCxvXZ5CnNL0IasPUGgVe7MfIBTtuAU+CvviDqEAB2if2PKLI9ggB+VIBb1sTXg340nzZiELE13CtQkhUEeXJiQ2+HDfe\/C1rL6rUj+tyl+hlWf64QRKKoBQYSDQnBhbXyUB98pyWVUJFozW8cDGpaBhXWeXZ8uPlVIr9Og3NzY3emlzVRv1SbSDqBpVLAH1pyyFX1ThuEeP8BJ8wlxyF2F0775UyLp+vbTlQ8Usqj4cUiU5pqOBlk1sEwdqf0FqOM5diDUojFFrhvqwO7haZT3NgmQYsvtAsM6RzTdfMYv9WeZAWlJtkANnGs+rqmf7lz\/c4FJ30R\/qExcUDwi4tKS3OjMbUZH\/S7JThiFjL1OsDZQFUTQc2EqY\/N\/fC66KSQbeqWg\/OsQ7yY7\/\/eO7Yf+iuvg7l3q+Y7nYAtOTqa+ESLGkA0xX8rrDIu3wenl+Vtv9Fe6XdsQjqLeiabn448H92Q5leSVLrgVXO9VEm7tre6H8Ym50xEHkhNMcM7jGesXCxUXbHtFubhBBPO9Qivgdd01SUFr0tI+13CX6KGu\/Jj4XllRfdN94HSkU\/nn+Ycy1IAzK1PhTonWAlsXqSQ7wU4kdKglpbwAo8Y\/56opd92AF55uZIEfz\/cmNo57HaYCZnrJMVe1ulAZBXUbXLYvtn6\/Wsmk9yE7cvVDJhCPBKCWevrpbsmb0wEAshKJnU4\/IBWpaHuxyTwEb7HCcvtdidUvVE6Sp4lxO+3tQlKBoPYXEC0M8ZGNmsHQDx+Mb9V2yDhXXIQBDlH9MtpELe\/oNYXO3SZ5Hd9YHRkMnC1E4nX1tTFsjx+G4xOPPSX2wMAesT9+ExgKSj\/x\/ctJB+12mlzwYHFNJX+ZR+3UdaTQbxXkdsSyb4i\/1HYRpAMuN\/1gjtZXqb++lyRm5wIEJY9NaT6XtPaDcqk6TyZAt3\/Xo4ivwNXJW9PNxF4Mb2vWAYkWqEIb2gy7Zx7jU8d9aXsKKQ5IDqIpcRMO7nrCjLV\/4B855jdzlSxs9NjmiNUHUQ6KfxcHxr9NZuowADsnxv6roy9zIZYbVnc2uECClWH0b3iEkuBnTpQcrXb0IJoGph8cBx7VNwwBisY+swBGAmOakofc\/o+1LguxFokltrFc\/omIIQBxVPpacvNqgfzkX\/PPFdxbHtppjCtIB9MEsg8rrYxUd3zU6D+mB3IOIDVNhYDTDjNR2Y53aDQo91pq+jTCRMV\/OYqbAc4wQSzn5kTmTtBcHfa7OpFUTiVGsjTghrKX7IG8ULxb9ITLAkxlIoLujiIGr0VS5l\/mzeC8EcoaUOWYiPAuoX8QyZriUgwKuovtdOMEHxzIqce4D\/Izg8WVMWOpdWbkVz9XgEBv5zLB1eb\/WGARebvKQJUq6SJ1wJ9dvB7nFPtQgDqDMIYHPolJxp11GllHnDJRgmNof1NkYGPNcnYEa0yTRVtOto2CUIFkWEvyqpIgttyUOONYSAAMRMSBQfvbjYEqgKJ17OBL77VRGk2Cp8MvqaPPn3K+tsO6rxnk7tRHluZSUSO6hPkVhphu4atSzSyfSngH4fiodqsYLZmVnK35X9lUbzU70A4wGO+J\/kGHgnL7RC5ARtIvmY3i0UpyIaRQjdea\/RTIifsHR4UclJyhU45tVNdvGRMce\/wGtIzP4EBNrWxMfBH51INnLY\/ue8rIU5UVrGVaVGjqfJtECnl8HjZkuI8yoKaZ2KVOO3qkuCBikELfj0a\/vmPGwEEB0k8fxBd2AhIijaLHhOBaH0vmnYpUpZCvu4lO4n08Hhmehx8swkbukeft87xOSdLS0RC61OGyI3vzq6Z0APefPVWEnLrzgept3ydLwdlDhNxQvby9KM5C8\/1WXUuatZi8UeEf8PufFTKMUUdNBgdqQqiC4tpqDNDKHc1xN28Y3TRt\/e1Z+6bohOE0c\/o+onT53wVQh7Qs4brW\/CgAmZb6AbgB\/3DOymaIdU64vDU+V1IgDgUPiLRaBLWbw2U1uuvsnNpOGiQGQeYqov0w+BHbKRjIPQHxpkn1wG\/2YfE0Ite1tHq54w77eTvasekDLKE6YCP5WvGaOd+ZLDRaVnxtEs96mB\/68X8pf7czc\/JUQ3PTw6iq6FPiVVgG2j9A\/PucUtnGleqXsTEx54qH\/D6vuWzzX9fK8PNBVGuxXhDRz2pWDhwjX\/aX7d1Ik3hbk\/ogevTeT65r9xsSQgJ9dGo79gS1fOmD3Jyw\/MlwyQqwmE+9qkEZntV9wkzJRqEVNXagRVqsxLUWWapNtKGT8UgfmZwl0qvpfUjL2dmq8ngZDEYB0h7XenuWLH+qiNV8YpJDpXiTmv079F\/DD34vVh4a38LmBcPC1veqiDJOHNmrYrDDxwqlq\/\/hwdoO9DmpubbOZbVch\/LKJ8WWlwdZrW+LPXD0Dzlp7iQ5Rhu191SBqM53X0e8+NNBlXetYRLUslqysN\/Gkf\/iTDGhnxokypdAiEKzG3Vnk6\/YWZPbCjzeSn5Nyncl3P+yquU3gWdz7Z8ICMCy4VM6s2Djxm5Z9DJZsl0htF3CiIXTa4sl48poxxzg8zrMAl3ZYhLRXYTHY1ZXRLglpk3b9wK\/ZQc7i2krckQj3TnNDyiJkdmvbFNPhRuI1QjhzNxC4dF5tNQ7gi+p7gxQNarzhApqhezmlLJ0mJZZklT8qTeU13YA6ZHEb2cH0Ksod2KRWTZ\/\/BxS\/mxj4av4T2IwMo9BS6tlzAiixHSuqgFssbmPGGRLKbKu9wgFP4mZfMN0nbK3Ju0K3u0INwVmMcCH5mgsQVIfQxuovXBUnoTakxdmlDWm+6bIpJL5LDfP2fPni5t1VKpjwgPbsrlBLVXcVW0Fl3Wr9pIxAJ8oclDQNmHSlQINs5bpjrid\/aUDT6YeGZk6Y7v1KMg+tWIuWbRxfo3Ik4chKVk2DGTvzYFQYXqxJ20XNbmzsk9JFSfLfjNmu704tCa5LjAsOV5xEgDxX+FQZ0RagnC66ect5n0reLWEeAzpjXGV4bf8baB0FuOgG7zzSxFHna+eJAHXcaWY3dgS+PkqHDBvNjw6cLA2ldbRtFHm7\/Vsc0LmBv+tXjT1rxnLdVSAhOudrwy9dLomOQwmsNXERo9nOfVRdj115C0Q\/SxpxijKRocyDXzFv9uOLN7dqdzXuc8jOYmbnICwyoU35WZGkKSLbMWjq6G6ScHHqHmjrLKfMKjPmWU6x6UA++hnUkYH22UFEFQ7TQZGA3UQJSZoqCh9T65kw9Qzo3BoXhQ6yzTyItUHbX0ZwrGpA\/ONGQL05lS5BKhHaLXwdwc29+vhdlpsA5e8jTloo4bbPsmtWQ9CgzaLHFn57WBWAjx29eHXa1rys2sk\/FYvtrWm2qnkHa+NCcOWeUVQ0SbmeBY4HUq78pz9T1vVnc0FBjkiN7DcSenWWaFQO4V92TjYwofoO32iWu4n4lAlOn1iDBgfijcAadB5MxISornJ31rKFK9FMk26pAwaBEINSoZ4GjREgE8HA2FpVaxif8ifcPkovewTnXRMw1anc9K1VFHD0IWrqDPuJEkwUlDmf1jw\/b0glP1drhleOtPIFNeac\/FBWr8+yuWKWCuHe94ADy3F31fz6wi2tvGX9+Y\/WR18b0S2\/1UbNxrU+29vVHljKXTPkmQYWsBFCftBjRAMJBwc14m2JazbNEIFSl40J3UY+u9V5Nxxl1CZ1mQnLueIW7Pwgnwz2PPuufHVchVUipRNl6\/nRZSzTNne75H+Ukkmpk\/eHTsaLJdQz\/MiGM0\/2odNUb6oi73KK0pNi7sxwguBGiJAXzvbVaRq6QCULSZc5enGiGyb9GA6Z4MDGmzyaQJVsEfrj5S+muQZvuZAYq7SY4oobJ61SWFCT3f6rQerK78yC7pq2FzS4hFTgtRinSx11jtCYVAsSTAAoDYBHqToYCZlapawSnWrBOD4SWz5YYZAiYImSiJfiujIkeIx+qveiGSyMlrWX6jZC1BTAhviFP06EV+SKIZHFR6ZlPBqxBwPRTddeQW3OAAISZAbnHubHeig5+\/8FDMSULwMuagLHFM4\/EGL0EOXMXVoN8fZPqYEZY7f9G6iVGzE4zf9GXeGANsH+AhdsR2buDgvWHWc4WaTQGse6rP0romup8H5h6yhRvMaSos+OhA51VoaU1y9z\/E4hPcxkkaKFyOe9OoHp8pfM1QIJyOwXJAxvB91WOYAzpVTFJjxaGzmL7HBAIA5QAFoXmChuWnQx+OU5vN5jl1xny4UKn6uAPY0nna1vJDevV3o463b6P4UAypr\/ftM7I97IucwtlgbrTR6E4T5lpWSWNrCQktGP2\/Bj52lfqhxGBqiomvG9wjxzsoOW1+5UTp\/ZlopaZ2Q4rneCyQiyvdYDhlhM0OqfBIl18\/3a1e6Kxnc5Qxu3JBZRPqCGAt205ED23\/YvBiDSp\/xRBE6NTY\/TmKDZTa4De8IVKD2gqO7wzr2K6r6JNXot+tHnw0j9MYO8bYWeFtFGyfI4YqPiM5sAjhLXNXcedXlRGyHDQsvHou6aFAlv\/sr01gxhKFVRk\/w+t3Olt\/WBvJKhjInbXRzSWYNboH13tO0oQ6\/IR0pk4xuaZd4ljse8+xo7qjN5RuNlTzHCT52+1\/GAvJggXjroDI7Z1v55estHX1MErdbIBWcUWQbi6ygkp732R9EjFkF7LE76gLhWTmZ3yr56dysAyaIpuMh8faufkqw6mk2sevlB6SteO4ad2Am8X61r+LCT4sVQ\/tqjzwxEB8ttXNjjBca5HGTjhQ60\/kabtkRhwI270NFs+4PJmuqcKtP1tRTE2qhRu8OwUwiTrrOt05nTlMWKkFwBUOnqSoqsDDZY\/lty1PjF3ZSt\/pJEWvMu0TVh7gKsUftvt+vLJi1lHZqrY23oigGtIiH4tCzCWATPbRg8QuW+6lc0qbdcfvfQ8VeVYw1RFGEGCeR+vtgOVhkEIlx4jzf5gHMyJWTtGrm3uBFTwM79u\/GtiDCH8qS7yFPNYAeInOTk9JRmJKaKKpK1TE2EGid+6OReKPkk7wENVXBdO+4X9dz+Abrk0JWnWmz+uzqapjbV\/Hs9tzYZa8MiEnfXvHn3cTqp94N3FUlkfXf2KQOdDXTf71RZAA5MRCXtGF7oo+Cv2Ma1LGmbDHnbo5acfC2rc7j9\/lqgAAZwSAXjY\/1p1m4mOU3TPNCNTwwpVM\/1QXRDyrbEFZnCfOCbvShD3klnHNzhsWG8jeORd6XiX78OEr6wTFxIgHOn7jv\/3MN3NyX+sqWk3ZdOcZu+cfuHQgZXq3tjaJELdEIXAzQoHDKXxILIxzKL0FeNjnDXLIEYIqkwjZATSUcMRb\/8q0bM\/fI4w78p+IuqmT8e+W4+VP49OrSQ1Oxf8dNIYVVGt3Qmkevma5r2QDRtz4jIm","iv":"9ac626f60ced62d7c3eb3e188baf3af1","s":"45c78c83ed37a8df"}
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