Retail
March 30, 2021
Affordable luxury, on paper, has promising growth potential. The reality, however, is that the segment is likely to continue to lag. Image courtesy of Coach
{"ct":"bdq\/YizqXaiYRfbU0jOATgqI610J1VLSqjSa9fNDgP2PVTlQsSpqDUlQ\/6tTVglY42W5rLIi\/J5WFtXkaWxlO4vIxjyY1Qax46ZImdtsfhYsgAMZRxuty+uQvJH0AQ4mJLDoUuCE8ESms4YLvPwyQ437cyEyMUn84KyBCmN98BXdj0z+4e48DPIAmU9ZS\/It03e7otpqKkd2Y5OhyvBua3No41EyUQUPwWL\/tgKdk2BGie7TZ9JWL4hmdj1nktffTXFxObnR6r4YvO5Hzb6t+xlhPyI2vaXTG5u1KMh1wrNumoYn0DdhIcuZYN4DHT2CJ83yYPP808RhqXhlKwfofUJlPqnGL1KnOo4+1i3zMlJJ99Lm7ijQhBKO7++833FW964iMCrGCX0cEAZHglYd4Qr7u5TQbhqI8izwGEmMtaiZHYroWlZHa3pm8031cgpYnjPOuJU6wQ6KmgadapFi9Jf4O\/oNrJcRQKe46wqFZOjVJBtecxRjk1ivcjCzgv85TAF\/Lu+f5bSXf7ksonFELXk0UJYuVD\/XM+W5q5sSDqNdNKbv01OOlH+QrDfJH8MouJ+ESkAq6OEKQdQcWHO38P1HjTC+JWf4OcTn5adPhCz1W1ia9SoDJMckfNRxzxJf9JhD2OpYxwTYfcD2sl5CWHqtvAVr72nN4npqUCDryZvswiv3z88f0PZZ41mVOJtzlfDtOfRICeKgWodONlcYZaE8\/VTszIWXPM+tj2gDNO5b1x48qEs8AHrTuEOMKBiBdBbM\/9RFH1TM68WvxGtQbfjBZyOWO04GhFQ4i8sLJisVkvFS0\/T8f7cHXm5MyouBR2fZjbNP57jiX3EUQN4Hlef+ZootUcRuGo\/RVfjJZktlqoOGVrMqS3fs7r+J3SgFOyiE1mFjbGpcb5kqLATWSfwLhIUIMQMQXnh\/upnWOv1VmHzshlq6\/PxieMDXTnegpm\/55UtFE1yz8DnQCEDPB8GctAgAKqGiLlGPDzjNlIfmRSMlMO6BQRNOWDEnvhd96BMn\/TbLtU7lgbhVx63YjZA1CTegzII0OTYwXJMvwxUMb5ydXkDR55INOSnr6wqzpFZizn5wCbTrpmPeob+gIZY0XyZyeQB8tJpqz1KFNysTyyqYaBqLYEPAHDbzsgZGC1GUC1iZZwepstchGh1SFbPy3P374mjvm3ZxYd7hUaJIUQNzzNxywec\/ny9YSI06SLruo+J+O8EfEgo+aspP9nvxPYdw0MMX1eF+WwA9mm+qeQQCfA3wuVYFMWM9RmD6dEpxlcBA96xRJ4eDRfOauN0cMLByq5ertiqYDq23adzymcpbMssHynuhWWDNsGH2PUZ2Hl3LHNwN9YY7Dx7ae\/AmlZ\/oXNGL8NLGHlo2xFgKC6kzu9CgLitlsdqbMAiBQyPO9Kh7Xm8HJHgcSsyEIfhgfWRABP\/gZqX7L4uofp3SxBo7i21FzdjQa8efM3hnBTZ79VVZcIT0YybzlrOxIY06g6Zrgm9kB74gGnA2SVRkl2VbRuoDqKQVqM6\/58viZCzhVD2eNucPaHfpo70BTkngr7XryxgUa9lot14tChiSWUIJa1zQPO5yg2ZY8JVjss\/clkpZgsCueuuhL8EI3T89mKsxsurSKteSoCENZ4jPfB43po8RVIZGRRpCS6KIk9s2e8H\/PWKHF\/5cWBP1CB0tVvdADez5GWwrADSovmZOP9\/ZSLCzuxjzsqc\/rcxZvNyR2dCrYZyvFWFpg3JI6iCoR7rZI6siJmj+dInwoKa9Z45OJIAn1FBJsqDUvUqMyRAl4ZsFmCtTRWz95ICfJ46KyjxOr9kJYyUUBLfSkRz9OiQMABxtVuvv5SJkorgEoote4ZLyrjqHjv0czKVC2ZvDIZua6hNaWiFWt5NWlymJtNRApq4H0fstg5+WSW8XxBd3oIFSPQMG4Vwg5IOuGGZmbPgGhZK0+1hpL8ufN9ITYIw8UjHdEZpzXe9phTWOzE4HHkQelnm1dktmraH7dGk7HNIboPunw1tf4lR8Sip4SCeDx04yELiqD\/DUW3wfBP2VKcnhi4CHI2s2pCsqp49iXA7IIbO01GRUxLUGToEtqidn70JCEFB+JpRxCKW2naBCGIES3Cb8tk\/GUKuMLG6bgGlcTTEFyx0db6wfwGZ+qrBeCSien89ER\/it+QwBKQF4gedVbc1IoEJP5TsUaZI\/wcj5NCrvdSDZeoxhZd0BK011TKA05mpghIdQ4C2pzuwQ6G6da6LJT0lUfJ7wx8Nr9cvr5IkEBDNiQ+GwepWim4ebahBmpnRh\/AAlo5cL4ud1wOVFTt917QTzVnJsHSnePU0hI0ztyxM+15KzdMuNakszKINvilId6dBljk212ZwLki4ed9ziqQjupzOXb0Hqp0+c3lGQQeZxoMLhDrECGRWJJxg0snMas8dDI1nKsQg17iEnVcnciclf6Pb4dcWtgZY5vVn9+v7UYF5D4RxmOBVb+xmbmMxH\/BFBJChu2LUTQROARnTPnOKqm1vRd+NRSPtSUBHGhm0C1O8YA0R8a5gdEQbtPxix9gmwiJDaK0GtjePKT6yqmAAI9aGccGJ8rI5FZZIkzn9gklsPsn3vV3ipg5TBD5+Hj2Hvb0wDUEMDgv0ntebZzTy4+ps14ArOUzvXnOWmvNqZZ\/p3z9JtbCea7akSiKFjqyceouy+yYXaJf4YtM94IHAZSH19\/K0DSzrlr\/XFA\/1v2KH0f7juDU2acY+7tVnZ8DXyHTIv4JX0vw1+LWBx6NLO3oQW1fDbVZWUsZ9gEFedz5CE\/RmkpFvMrPelqSieeby0nuIyHmrYwTLrRugsHYEaLXnFi+9aZhNBbx7EEcUT+tAINTW4PCvHSrJXoQEPEApk2jsvd\/sB3hsyqCp2OwcsjLYOoncSsGCxRKejCc8Xd7OMF+RmXdyXldmr8L9VKXWqp9Sy3Lw65u\/J9vndIZgJnTqqPGaDY5JATXDHWzcdUux2Vv8eosV0HTtJZG8J7Kb2YthV4pVWAuPkv2P4l98HIM2TW\/QWGhwiGipq43Ap\/Z5BWy6G\/aPluXQsM9JdjdTM0qkQAYWX3t94lMVG\/nqj9v9DGS7HblrcVFw5MWob3qGK2zHuk3OwQnkLt2DPDO7SAW\/rU4lGrrAbdzKPMX+01REpcNGx22DXShQniscL85E8pInrRPJ1\/lvBwTmltGhTxA3EOVcSqAIFXkjyEBGaoqY6KMD3KMCX2X\/MYSFbYPlkcNj6tNsEJlpU7tcM5\/CjtzVFYwU2KvGKuo4JeOEbq0wurWimb8BWlvbWuws762XTe8eArQJPb9ahtcknZipkDSRwL+VCqdEhwlVt5chEpaJQ9bpZkr7jP2H4ohaQJEyn+xXp1j9Ob9flJyaO7FvBM6md5tMzn5WDTmV0eIUZELKEJuEyqTYnKU4RlcYF3dtBp8B49BUbCCEi1Fqwl\/MzaTJYEBMqEyOod7p+DbMVVJGu8mr5i7wcHtveEyGIMrUwJWV0RAbP5vnADdiiZq8ZCYFJTLQX7DN2KywApibIGVMV9cn3YxcQcRMme6YsDVPVT3Az2zklRlZB8XwBOm\/AqJeLlpa9VXThRWFb+LmRAstKr65Cpz9GirDhm3JXwsQS3BlD0mmNz\/18MlLiheOCO8LhqgtoN1oC2NixRPRQtx7IkKZZLYNORHC\/vliR1HhIMwCYRUvsfHkOkHfs7Pxjy5zr1ButK2cPT+IsYJ5aWtqKiKsT5B72yOK6zR4l5BO120ptWMxng4W3Ot5g9itFCDdGx4RxxceL6gr40Vqz2L40r3F2fEX0jj9hULsQIbHW+l4hdnHRCS+wATi4CfxfwXCLzw4ip8PrI8E8EWMS6rjgeT0zEAU1hmJrQ8D\/vbC+i7mqXiQJYRQ4XAN6IjQ3ZyC8IeHdT66WlaBtTl\/eQ8j9cvVqa4BanTQYxS0pfHA34zs3nFnVIMkuIvT2\/CHVcDrB1iclq9vOYre+rI88rUfDMLUCb46xTndLC0RgoTgVER6MzwZtggIoCwa00j595MeVarCIvclQBPg7M4gmGRKsXMrHO32hAg+ADs3o0CzOEFkkhIwt7xDl17cCsBF\/beCKkfyZ0ZLvqEUZYSCHPRVBRbz+A9rjxlfdlHr2BOG5NRX3TbYKau2eL029ml9M\/kmofDajYp4EgB1HttHmDcn5kdBXl76EKXsAA1EhQAFkkAVVW+KFn+meYtqA3tQo4H\/IjmaXzMJ9lhJU6KbHg2LujlNzircdTBbHNe6rnjYhlv5jLVdLdqKkxltjYRPGbiRHmkgdZ43BdCuN8NTMdA3nH53TgeIEGmfay3\/3cTaFWQ5YD0+CBQSMju46VgohFepUThud3f5ZCoqooAlh05fdDcyozYB5OvfVhQkngC9m02p25\/ZMNd7ErvRXn46M1azk6kEjVXRq3S7IkhBCRF39lSkemG1a+BMXNHiuoFWEBp+G6Utj8XU9JHWfdb9JjVlnTwFmm6KAFn\/SGZ+l2gevSO79drrOZBxx\/HiGcEG0oF6gsLZCkANAFAR10THGRqwE7s1sLAPLnvvLRzQyqs0JBECs0Y1IzEgXZbIvpG97fEsStCPVDZnVs5FpM7w1YXfA\/YWOBl+lQ9eRLWwqFqGXWuDgz1AotS06a\/k+mJ+P9dKLtkvgTeCXyKkJQchGcOlQcsBX\/oWSSah5eZ6cGJ5FppNsPigRWyY+NIv8\/bBPdFZUMAuEzNqVTmfRH7kJxhHl0CbNTYv6\/CNOJT2lG4CbGNbHljNDqfjx9voq2pB6ekckWlkmWgWcNSdhK3SYObcUTWDWrczl0Zy\/Tz++h8viPM4y8Y1eWUWxaTYoY4M7PnA2Y5Go6MdS36W6S9GpOSpz1YqMSDWU3EGkfXqjdQsIZRVYL9s4lL8NIP+cDkWgtJB2o8YZkzinXXplRZrBsDvMp5KAZvAN18TR5SPQVAhjpUYFjLM+kQkVMdzEzBY2mLuu+kaFdf5eHEtmymsAIkknt5oxRbdZdD196tcqUZ+D6gjzhN9GLZjkiDZY00FLXwYvFSRNTKvFoNBquZ627CiuBk0wWNOQlPxTfqkRnBuqm0kiYgtUfZcslKTjmuSXJDrOcicaO14plJvq\/hpsj6oZOZmuneTK+UoGSJAsydHVefVOlGshm1u4zl79DZNF8pJZApE8mNGLAPN9rNOHBXNkHxTYle7uZyFdxUF8OUYbvQIsqJ3oq4H5Ej1INpkjO5Er9\/rf0x2YE\/1Wp2XuAiTNjeLYsLE2ktj77jdsJdEcL8tcXkYuFe85WCAOk7kDO4KFfYRNqhudCQUIN3qHMGYvsbTAIHRmzt6UBlvsam0DXeHkQ7y+xeazlwgOpWsHuJUR390SZaQxUsN7OsMFbiY92STkxi4mqjYxMl7iXNVKFVWx9Luw3OkIJE833Za3pp98dlKs\/dBFkG6Umrx8hcCi3R0TpLAmaAqzu6p41uRfDG58LOr+Ew0aZmCeuNoCL7TEprVt6mpzU\/AxjOEwZ6sCdMPpUWw\/h4OvTdPfjwUEYM4AWwYVSztiswRwErXiW86I8cu85HE0OfkL0Q2ib+G0DlaPKV+ZNfYMnQ2wG4NBAdVu8Z3vDGwXYdg1UEgy0HO44BSA7A5AtU1wV+BwKS0EqDmNk6d+hAYkrdiVEnVB0bFVXIeC3uR37iYDpHwqtcuiio\/7ePTiOtmKw\/OxypzfoI0b2CQ0P6Zt3XQNXLxmLL4O92Klk7sgtrl1HMueEHcUMCSQVmMVVWvTtQgOz6BW8EFDONG3ZnRyMAvvntPNHMHsZbYLOcrrcA7DUY1vsINJ7OKVmVdKCd3O7EnWer8CFyGy\/qCwqtsddMjxYtjcrf0IO6M4tsZ2tWu0qztO9Xqr4uOHmhAEYnJ96Gxg\/zqm8V+mdOKeRiDWWOGRMEuz717hjFmdFdEKB2A+cIEpZ8tBqVULUaqAA6GvauJ20JxTKivgPYLtIx5SB6aYOKmLW9Wutxi+WCmbFM6x8UvS66KsHXyAWuSdAdJESBcxwytg3co6+wSovxkfw7UF9Gfw4QgWjZ7licJyIWn4yB9nG5Enj0jbz+qkGkIKiHLCGZgcm0dzW3MVo6pO\/b2\/R1A27k819X1Z4aiAedqik54FmWxpWypv3MFxHHiY8cx4SRoCW\/Qe0LPwLh7Jeo1LV5euDlkOnUjxTuD+rvzsWV8TrzCSWYHdt3LaNld6wlCF97IKNxNAyyK83rUIVELjJO2EZTfgpqh1IBvM7jYNEnThEXcc6DauRVWryzN3TK7yLvr8hpJZJOoLZAIHfKyH0cKHemxVz8dt0NDg\/kI\/SzMil4Fe+zugPHA8MLNbic8cgDt0tVJJ2vNo2Phcrl7CkNImATFA8J364GwTler+Gk3MvyZJCFBfFtxy3SmqxNKOf1u4RpbwXzmGXq2uavyDv+HM0IDGV1RTMjoyPpASpMfGxfZuaUnP08wRWVw9s81p9GM8\/cdFWFOGBcFAreo3K4bi4v\/wmR2aSY2\/siCqLVaNxCKnOmBvjTK+gMkaFlFaTYdlyNiLh9vYVip+R1xxWA463Gh7KmrwNnehLFW52ple9ppGiMIPm+AtRKnnBv2cVKtbwDFpYl0\/Lpn9ZN3xwLJyY3XKogegdgPri2gmVuGZwP6D5zC6CnTJmnjViYUD4ImZHc\/H6yHlgHhzUCRA3yzH0w0IkDn7oHNR05I8zTu0MEDPtf\/\/nuCoEP9MLDLxrcRucexSKrh5SM+a\/UC\/gRzIAewIzwK2jCht6vc+s9Npb1TbrRHkdhebThe6vGMJsZKfDDZvif4h9guJiz574cVVbmGoq1UV\/M6xn5k3yKV5wT1OO2uTKS9SzVH4iPat020OfqEXH+a7V12nq5pfQbwOlhQZ0RY\/4cztV775Tlo1Bzxq\/PwrnYUruDnm73MUZ4+8ZOVdmsAn8PAc6XuuE40OUfAYOqqGGSg1onNgm+tKQHA4XzAdxXTKOdCtROnV2iGpe395so+RlQiQH58BhFmSbDoZOSkMT9WmQirDeT1WrAbprbpOVe3K14q4g86J3p5HSrNtqllNVqnY1jxDmjR2cQLhPOfbtd\/gqlc1ieXyVL0WWt57C3g0yZYyYnA\/HI\/nuStAytda6NWJSoT62ekvBOAGIah+z2PpHjt7TiSpBtwmdzspTcDeYVG9+t59m7bkMq0CyP9tgWo7fJRln\/X4lxS2Nh+HaTnsPXwfIrX7rshUYBCX1v1Ru1S5NszCz362T2usuQ4ybdExbEiLO1Rjfw2ML3mE8x39NrKxIeldvDJgT6IKxi0GU5pMngRXq4E2ZlFMAo3NC1ym6ot688Ru+5wS8K3JakTHBjVT6VSx5L77ffRTW5EGobaSGkfR3LOr1hUhAGMJ2LUEJm465CCFm8yXuIAOCNy+5RpzYNW3lTFaM0wI8GpR7xbtZ6S\/92ABsIMjWqCwMyfSmD5ZJksF0trUP5nT3L\/7A2CkZeivzZGYeh3V0VmMHVc4H5D4bu0tL9qzEsc+SN+QgCexQ8Usr6uKw7huQqP6NdMm1of5ZCbXlYZYRfjQKYR9+ZM0w4BsLD6+VtJ2UmoSiWS+TT6DFLGo2ah+3ZuW3cvHTN3Dks8bIOoZGLiQ8hX8h3k2EC4biplLYIq5OPwAeRDCRYv0nlVuWBhNYYBvEr\/DjjoQJq8jdCl8bWz3OtiafdWuBzHORfqpD12RrP7hAyQel4pj5FJ7m81cFhDfIxyz9vkWLaQ+bQqU1LWkKVAHLBs15fn0+dowo05RsJCjxAeISvhxvlPIaD27l7YeEUC5dE2wUuabjIsVEVBazLoGuPG18FNtPl2bIRoxMtn4BJdPbQ6MES6FAgxBCixHEwu22w3iFHG\/LGIF0yh3IsHKYkYXm0UVVSIk5fGwUpoO\/ebxRlIlKMEbnS6cx7DuExQvEIy\/+LZ11VxMN1PYdDekFL+3WrgPiTf4FH4MDHsNI1luTlfO5QxFIrVHc6HD+dodF8izWkzGfWpQOwAE6KNv\/iWMm563+tMBPSR9cBvcfOEn+XKBpQIVdWtrCWx8pxRUQISB\/uQchYMlYVTHq7O\/iUqnmsdoK8aev2QkFY0La26NVqZzxFieRuuQyGWM7zj\/5T53By5R2zMhzfDvgaOMjfdIwg7sHh9udT0Wf\/aFKK\/+ocEMQjb2mHROgtVi8Tsi1WMwstIII0BmwCNoPQH1wrfpPkqpr3E2DcxK0nEoC29\/U3NATTEVy5MdUMA2qUx\/U1PekaB5xaQLOmhnxEcnOom91wEFy6qoSjZiYUmnYFgfwceQSWN9V6QojrqueDN6VEgo2Pl0tft7MdJijYeC\/Tnqc340uYXyhfERTRDt8a0hQ\/aF2lcXiKevHYzczR3trCq\/aMirkST8ym5nNcZJ6Ti8e+F2LR6Gt4RQ7NGa+KQBC9kW2I1\/Q41Nalfl+ScfkpwC5ApwgGcIY2VPSv76Jwdf6FDrZm979hc3sbMspVMg6Db3ZsX26e6roH3WndTZYw8kN2manqAPi1bodwjctVOg4vf26\/ju7pcW0L4iyqFHZHO6u61FHEcNbnS7EnOpX7NZX71QJkCqAhmgGO1qUxiauLFsyoDCPfz73YVGv1Xda+A0dAKO1utvJ2Yg4mvUrhgH+z9Qz5lT3IiT8hnhBGwvDfwEy4Ff08Vu1SudBxyieY3QS2iPnHElOikVydb5kTZEG9VMhjT5QxyhoAxovgxmzw2p3FIeqCXvrJXfloBFK5YoWdj5BJaV4g4PpP8LmLlTFqa\/imFh9tslk5fisDYMAGtZGGEh33e5vWu+iQ\/1BnBi+MBNqP15YBWySTLb5iadXEXYHtxN0\/+P8BkrmUJOB3f0nu1c+xmV+RbirRMK1no8f8eOaKFLSE7q4VvM0gY2baIKZ+vFQLixG1VxuLmuQcNs0DpMGz5zJKGdU85NxiYeWozJSmmTMx8omsXB520g0SO8Q\/L9IWuoakkLo9FruHQGUFA4ToFxXoVRkSjAXELiFQEtQY+kfL3QC9tw6lS68z7pXzp8huJ5G\/ee97tvAhSQZ+kzlnje2fMGXbX78VGV9pMCBL6dWxQMoC\/PCV+qwK0Qi89G4V+dXnN6ga\/fGyFOOeNVtjF2Hgq4R0suFLc9ZFyjNAa2T4lMkojF8cA8A3twENtcWI\/CSBfv84nBAGNci31wNW8VJJhsMb12NLu0rbGiaf8tJQxf7ykmvfgD3gJ5l5SC6rLAydATNA+\/ZkXl6RxtIvfvOK+5ucDo4iC8AbpOeYqZaCCI0gaKZbUuxdImXFTsp84bsx8UztOfxCb9vM6TuRdzqYCCGXVFXjofOGzJT6j1pUgL7AWEnH4aWAT0A5rYzwGkFDTowU6rGGU2NdWrZQzfw38uk2Yz+mxQx5qiXx0hlUrFXxGpoZsdx\/eVJ+BHVFPSmSnvSdKS0OE+kKkcHxhU7IZvIOVTI4DkiA3QHdA3gwpXXog9eYc5uc\/AEMl+iLTkhjKNtPVvpAb0Dcp3muTfp++mSMNAnkzqbHBA7vvXFD+MGNQvyr0EwFeP0vgG+3Q3CoQ0d+T80OAldGeL3hzDMXHHCDNvKCr9v27+DN0ks4irRqjcWatl\/gNPE2DonVXqDxg8sok1k7ghGswa8VSwPDO8GCL2wgBbAKSkiI0lQnXEJdASzBF3HX6DlX94sslALsW\/6mkkeKnG0Uo14ZSrPp1BYCffSJc38vGyK0AJoDVb2lrmy2wu+XBECUcS3rkmRU5c3fdrynvoCzWABy8zihpHhehXDvZZQgWn+TnAwKXrEyz0\/svYS6bJ2kLMOcWCUGa6a9bcz3743rtgKw52KLfNPSFyEkpluJ+hQ64b5dhDFsE4spqa9rLpXh+i459Z8Kc09Lkn2Vc+eDlpVf2mtB8Dz+6n2qlVOUStJzQ090+5DUjxCvxg8aOTE0h6ORdqL6URV2uIlFBjTGDX\/yPZr4ySF3JloFRn1A==","iv":"6558e8eb15d47c6913a840f57cf939ad","s":"511d778074095354"}
Share your thoughts. Click here