High fashion: Luxury goods makers hope for boom as China re-opens
05 February 2023 | 7:08 am
Is the luxury sector recession-proof? Sales at high-end brands plunged at the start of the Covid-19 pandemic, but they've since rebounded sharply, even as inflation soars and economic growth slows. Now many fashion houses are hoping that China's reopening will be another boost to their business.
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