Marketing
December 19, 2023
Luxury labels have mounted a growing number of exhibitions in China over the past few years. Image courtesy of Gucci
By Amirah Keaton
At the root of an ongoing slowdown, the luxury industry faced a unique combination of macroeconomic threats this year.
{"ct":"KIMxDeYydvTG4FbERnzc5xpYZP7FY3yOVQvBCYkkiiGQmE\/w\/xPaIcO4+SXug60hq6vUeQgPgpivrpK+tZpbXvF3edQaOqMq7WbdteFiu8vwq\/Hsxw+xkv\/QNM2SeTG9u\/k6EGT56aARIUZgs0+WfFHrLYjKNS9MWzBqJZ0TLe6PvY7Fq9DybvKAPNouugQBARp7FjlEyBZ21wanOA0Zu1oFuZlOrsQnbaCLub4dSvxS0FxOS+gghr6\/3UzNV8jB6t50HZJlH1SWE13un99P7XZ12FSqjeoz61Tfyen2CqGiTWoajnsb\/WpVB5xFX2r98W04PUiEbf3P0UKhtsLu7T4w7rCbZbtZuz72arOIjhasDBSVflSCG+s6pUKjTpmiALkKiff5eNKDsnqj\/owrw\/R9a1adgzelVUZRFW\/enAvW3Ki5QuYb+4iykHA68hLWCVkYzApbF1+bKY1s7J\/fKVxIY0\/3EvVZ0qG6zpYXFIJUXfsoIvCxFzc+3Zek3Ej+iejAKVelEZhNdblOPs3Z0xIRoh3vqfcGvlk78JIqxpbZjJHGEIZ5IxDz7aQ9xO5Sj5vqtZNJkKgTiwokFZvZXmOghcNU5rUxJeIJ\/2ia8puPMgSjTW0MXruB0WLuo6FNHYHIvsctQdb2Qo3KS4+Hc9fM2ZcDPem4gnsxZ734KRs2hYTnJTgZpST+f2edHcmCjdeLyHILnVaITErBn1RAA9wA7jVdrSjBW4JMnZmbJP599SKie2BuLCzGJQQf\/hLilxrEM4WaDN2bZy7cdFVrOYJp8zz+4\/5OqnlgkHLM0UHPEjGNdihB9xsL3kQEfpAE8BlwCwbXBTXn+IqwZU2EcCzLlCEPFNGL8jHK7TzDOpX+Aa3qsNZUi10DJ7pAYVViTwyR2yAHryTn05hidpLXhBkFTkOl+lhirNBu54mLl7zbhW1QFx1CcAU2wBH9x6vk\/ZDPdZCSsCNZ6\/YERBZ7T8w6mkr6\/XBzJSjwvJJG0OPAuiu5oFkLIkxXWcRk0mH6vqft12QQATmZbNg\/48deix5u8eFBPgJbDyysp\/3a9vUx87ZDx9Tfi\/4MpxbmvebaqqPNWzYVnKIj9StNxYxc04utFtuR3Fgn8\/\/3nhm9qiaH3\/csRuuOEazEdQ8LrKW4V\/ZrsIFxoj1MBgoZzSogS2mUk\/gWoQbX9QnJSN3RPs8DSHWvYq8e9Ejdj77ru4VQEdPvZBFTwYHq4g7aFUrieay3NWNOCEJ3V0hsnMpyFG8T2jxV+c6WEzr6chFwEmuS8B7XM86A7eZ4PfzFsMge79mTk4FnczRXgT0io+L8e7WdB3tlqvft5u\/Kg8UhUqhMApmehhYvp4TI1KmOi2TuwRI0oWZC0PrpRvrfUrrjYhzPR\/3VyJ+HScxmPO+BoQQRFSSTfaegjjjPtZrxgqnnWWjHEpFViRNTBkEIcai2bp7vaeKzsCRYwlaA5\/2Ey+bnmuXD1keYjkxsuIY8pjv+wdiRXpH9XJs6sREtZHSAEUDytTUhlt5gMg7hBbIheLrqlrZOpys11M\/4yDqN\/KpFvpz9IHqchh4Knmqssbn\/4pjqTfSSKUHOgb5gwkMjUi43acDc3xi8zRkPTqBNae3+wByr4dUt6Zt0oZAv+O\/JnS3Exvqi4EABiitA4cvs6uA\/G6fZ9tOuoFuCOuUBQ5KuRo1GeVXC3ne+\/GSwrFWIxwVT1IwO1T1m0hc7r6EwjkuMiqfJZDgk7+BjmMb4HNTDlW+ijcyFWBPLwKcYHgZ9aEXtTAVAD19VGLjMbAZFfTxFlyKVLaBIXJ3iqPqakKwJlZ0yt98okh0W7uLC0ifEcAZLOiA2k+HkgBKh2URqFzRRdyyBKVCdmCENRihDFTACnZnugEaNSR3hoaEaEGrHjzhcvHPNJ5b4xT1LD29GSpCpkspFRZif50edyrHgnp7ehWm6iLfoc9HmuIS74TqXqcbVaVF\/+DtIHmJq8FRrlIERyqcexQIVcLJIzk\/XFg1ufmkVKPmWCFl6In6DsMN03x5fE+pBNom13LLtauosTOUCyJ9h2F7hAtHJHXFhYiEAzysVC3e99TJAMYorqHx5gz2e0kKK67IxsIlXJqJsqMnlE9RMwVV9fvUqxbB7eDu7OY+fudAUQmnAo\/1\/kHHavT\/O5fpBKL4Cqc2wSAcjdgARXmV2vwrkTBT6hG3BHZoZKb6YLNDC2qo3NQpcr5AZeE6DKGY1\/W1ewlkSJ2UbgbgBVqwTKDAL9El7eSa\/ScAEWszk5Z6N8BVbrWZ9My8nxMyZ7hqp\/tbKD4xziRKWPyPZw6\/5gfMSj73mqLr\/b5x9sCSPUPkcZkhu+3gx4Tn91y8KrmBC24r9m5dQMtTYVCWGoyU+6xCffDy\/9Qh8Td6aVYmytYI\/cPR7wVtmDRH6UroTF7W+erExSuB+tMXkWbhDU6bNYb6lIDudAA1INB0UKF\/4+pic9WwdKYCcNtxWvqykKKalfoIMSHCaSMv2EMOJHogcX8W\/Meeso50Wk+lxcE5tGyPZcm0OnE8zCIrPhqAru+8i8X0Rae26IIKj6RF4084eLET7RKePsE8j0fO87ZwMCoijp7IzUOfVpKcJhLh8qulBc7PGk466pN9davhlXlOTHXQLxaMwVa2esYishD8IVtSc\/BFsm2Wey6LS0PRWVtEzO0JnCA1C7lj6A1Aiwa4wyKOv2qNNrCbV9tXWjzXo1GtPGZgiGkUYLisADpTKFrGqxT13U0bgftakpJJQ8XUBmMVhEUcCylqJ7SL01HKq9D5\/UXg1G90v06lxVn3dKb954jeJ2laBNIvQV59AD2\/mVNJjJVxfsVz2UZ5ssvczuSnzpK9y30n4FdnQlDSgq\/QGCzQv+i7q\/9r+ZNUXsBG+uIZ4DKIE\/y6BoG\/81b8DMq+FAxvHrMq8wc5esCxEtZ7\/ii8XBleoT5YM6RH5CKLn54AkEnw8grqqsh2N9UWDt\/7mzdtw7Aql7WYaF+\/3lLoMg\/yLNrAOuzX2qjU5cRMAoiAwmrJZ9\/CKzCeObDTckGdSEzWZ\/PIownMK8UsuoO4AMXIeTj\/8F4Ep8vs2MQHyzXCdM5VEKdVpAEROtlRohYjsKnO2jD0QbKgJ6pYiFTjJwR4NKa+z7Qse5BI1VA5NOYZVpBVFUemhEDvYEXY0zRUsLXN\/\/NkfXLobbEx0+Esk3iWZounNPoQzVjppUAlc4rAjcY+hhjA5sOPxHKz2xS7kuXkZtgyx9yYr+al4N\/qUGZGGiJuKaLwyYa1tTrNxepWrnQwScz\/\/8Yy3yImuI0sZdwuYMquu+0d2kV1cAlg7P6t\/DEvgrad92Sm99UlNcUrnNq3PHNOT36E1OabnXk4R7Y4zKwbmzt+AbJF9yEhak+qmde5AtcstTCuPpHgEBOcYmEwCku\/JNPGhnaQCpgCZyzrhUo5CbNd1uiZredUmknv2cio6g7AQKERCy41ygI6CJ2ccLoabe6S2xjsJsXvDTs6VoE8\/YBl\/tW7dO3U88OKACeo6TX5ePbJZzMyPmfHSCVFAe3Lfr03xoEM02Ljluh+Q9CDHLulGhZPk8wNuVsnSNiBguLAXWnLmRMMrEyHJHoYqTQkDQ2EhaM2n79CDKKvxrqQtq51F6kuhebSG8lS162+pDzS7Ch0r71zJ7JvsuW+tYRh9VnUH2bplsT5eAjjCA7tWJl\/pizFKWAwzzv0TxRAz6cFGrdtLFs5T2HnM+u95uYXawXOJI3WWp9BE3y3YJ7i117ccH2XSa8vujr5VD1a9gqyPdbGoI\/ZmQ9redI\/gTo0SyTJbdOYYVhC2oBqqE1ut7+Jg+svOtEVTSsQYJ6sOcbu9IncOpK1XkpwpMBsQrJO51LgvMDL93Y4ipO6tU2E4QKYFXsgDBOFkLqJMBV4rBAPSD0mu7SONtEMr0mBxsuqyCv4ItWdl2NvUbpVNcna\/gA99Ke8YOLD+lEWHPn66wuDgfZKlbWFKN0Ag6hCb4vVdB5oSSmGYr6Di7Xmty8y63L8uiZ\/nlqvOXzpUKSG26C7K+64yGWcliNkFYw\/V7ALpxq5EmZ3vckzLLwrhGMTbHDYujYsT3dvn+GzAAirBp18KVtb0+yfoVl+HxFbvNrZ08ee+9GGV2AxtvesZQizSq6FVIWiUcGImmrPZTSC21CZlG9hElnfjWJJhyHtHoooxrEF5mA+3ahWmUJ9+RIvra01xBDKnxnm6gxucAAaRU1t7VlzcLiSStSm+Hdb4EgSRBYrhXNb\/Qwww6odzduv9sQohvZdAwIBDjn3zMpTeHrA2LCueJxv9lvP365QCYEDMcwpIU4cesAcOJAQuVh2jXZpSf6BVcCO+TO8\/U+zjsEXlctljCUJz93hJyR9TygdYThsP4hZK9g755IDouIYsRmmqoLceP4e2IV4hxUc2pM6aIaEqSVh1P2HSseLoVWvOj5KqeANggkkKEBa011XR8DmqYeT7f7V4CSL0VF7VqaYgLuemyIJHZMBt6bepLlHQ8KVAmLsqJGI4dFOUhKatUoQ5DCj\/rkO0+wKgEKI8eI6DYtBIVbItC9af36D1h9m70zfHwBwGyPEgZIzl3ZQX7wddXALTMUyUMwcRwcYkjIbf0PjjDf3BNKL2fTF7llH3wD6CkMzqeIg2OMvqmgDNB1hUryR\/hb8zGqq3l0vRAzaglIO3f+kKxxld+L8A522iIPDNi9z9icNDg8wjpDYnoeG3PHtu0lDVbRGOryE8e0UKgaLOyGopuTD6LYcE3QuQtouoLHjq+Oz2Yfpj9KsFlcdsvr3KFDaE3+ZrdAl7FOSRowd5DSSpt5MzCx+loN\/xnGb\/B9GlDhXEaYzzuJEFwKgf0PRslRciB5H6iBFKXUcMPkdejP7HMvGw1RaNl992uCuCP7nqJiKR+YjNFEi\/KsSqhxlZJ1aI6aj96C5ayFQsK\/DcfA1J\/TKswY5OFnDc\/LABKs9BlzOIpi1QDHIRtb4t9XVgDnHawwP+kdEhorQ4Sre7m2Q992IfUBR1u1ScXL6YQLHXWKPqU1TcsspYQNyYeI\/awPv4mUUyooyCbVDjcfe4CDzChJO5nph4yC+E01ErBaKxTXpdT4Bmy7KyNTGLMCJr+TqpgYqBYLcTUUh6SRs64ggtrdlHAQhoKVd7NdMNZzw3L9mEN1GbHS8GYeUNYAaQUSqLShN+MSPwWmwpOPvbpYrsiZT+OP2Gy4BG+7a0RT9k5EVCOqRZ6c\/9wFAGXXg8Mto6Z+kM\/+6b\/0UaRPIX\/wzCC51R0HZqQlvEC95PE04LvnblM8nXY7IZ\/yRSspL\/2f5yZZQAY5Bv\/xIHdF4dAEKW9F8linUJAgK\/QRcRhPDMCkGA7l063Uo\/UvO7p53qkztFCkXhJ4e8DpL0YQvCW5sjTFarOryL2N0zZzD2Tv2VJP0ZIi15zgZBj97O83iGzxrF9Ler2oFzJVUj2HT\/5LchjBdc7KpQU7aqCss2g8Cin5939X5GAZEypQaGIqRgCkt4iKPNbAIZstiBkKaq9cyOwd6tH\/H93mnFBFhpU8TUrlhCQghf+yzV+v+seqjXuviNj0BP6UQ26qWYm5TItWsdXg7bkGH9jYhxDdwEvDYvpSgIXeqKZCtUB7N1yW\/GNmHv4RP7cqwq3pOiMUOc6CaDf9r8P2n4rcElNC8zZxXE48Njw0aWa1a0FxEP\/5M1owX5hlthA0eiNBotB9Yb0r8keLDl9neQhK5mMByULQe0Hvj\/KIUNHRmB5uf5tWnmQ6fjDKAej4Ycv84UQpqfErDZUSoqPOeuie1GxZdBbrPbJy9fDttdmTrbd0ya9MknPgIyhBrgjkGiYBlIeTFQZFzukg3fhZuqOS7AqhfelOLlV8td9tMO3hf3G+k+husqFgNyM275vQpGE8ugSV6FpVbyTsfqHzec5mhErvpHC0KQVVBt1OjzHbxn+AfCnxCl9Xh17meWRA7HtlAdxdyp\/mRDrPhEMaZce9RkHKEvDaZRYGu7w3duSFMNbPRNiyX5\/SAgWlHEHT7EPIylB0g5OW9pgDN2TmKFZyA51q\/CF2UBh9TzcO82+lfGyyOGWPGwkoVXQ\/6BDfcSnbydUUFuxBAkorWW8q8V+bmC8m2AMBWEUU8Kox1S5OOcgGcASUEZ8rmgzwIbr7Ephi3lDIqlsKxZH1qK7QNWFC+Jvp\/6RK9h2WDpr8MdLXFTJELOJS6458MB\/xxEW36pOUeHxMkXsiTxtU3v06yI0xo+GKBm4wNKie8jgxqf4PxYkc\/aCLBDp\/Ol\/0unO7rNWKgFVBpgqXIJwFXG5FY6TgD27N0XaL8JoGD10iHXHj7ejJpHUh\/SETM2KBCGTqtzckllUslrbprvxyBMSixw+Ea49xzTkk3PE0D28YAhMm1mezlWpSnu1fe5OBPQKSXGfkT+Q5blKwbzuI6kYE0ffviPI+lZInnZTiELhwlIBFG353K2oCTTcplQSZfTfChCNBbE8uKgjvBMoBkUxKnD7xuWT6O88c4ksK1hf5CAbgCu8gUVydfc\/jhEGYoIEuz2fznqv0nL2w0vUpTN2pgrjeOme+AuN5AdMGBexi+zKuAPEuDNCBmwHcvrKV1lQGsJhKFNibcN2zMRSGuhPxbwtz2uWVnklJ7wGaStnP8\/lV7+LtDuwpLvUV4+d3ibgIB5lps+z5xqeQx1xY0fJJM7lw05YpYQjid\/n\/wSlMPf+A2GX4eLWk41FhfEf5CMLAybuC9f4J0vqrjrd0gBwJTdElh\/cDheeYI7snlUnTq6bsujH5uUZLYjNNBAxv5o1SFQO99\/+hlnwIVNnSbjpaZpannt16xTT83dcHsmXH0BoKets1o+PtQwYqFSxp4ajNumrgBef+\/2fw2yA\/lmHYWIRrZAAve4bxda9D9GxjzHCavONX\/BDXEPa+EGeegF5yU\/NlBI3X+AbJOm9tPQAXegEqbKOjOtT2ZeGCVGZwguiw3fXnykAvgaC4tH7zDvMRREar6tYEbVvV6HSBpmHM44RQrHCuRKofpir3s5NvHNn0yI+Gj\/EE7+N+KedGAhrLHIdACY2uRcYKyIvt36x4JAMQ2o4pWg1glIFUaLcM19goRr7KdYeLKuXLKdrPNVNlT0sdSrBzN89XUCzvj1yNyyhrxDt7Zqi6DgS+tk3gU5GaVLr7bjte+9aqiXgl5Io3SFere8QZu4icrVlNpPUj1eG47KXqCWgEkoZh24FzB5WEk\/X0aPFhoAiuhMB1o4n445HA5c1cL106ME74BgrPldsdo0nKBTz97YJnxxrwrOor2J15jKyqztH1WbdRlXYRIXcEvE3UDmr5bnLZ64ig0lzUbhAOeBJUtLOCRFvIiw5bheUtfSN3I+dQ5tvGggrlIQ4IH+\/ApJvNx78tU335LWX3d7VcrMBE4Ma+hteAvh33dEDlNkfYClJ2BQDPf74i8VwuKdQDc03A8LR\/3lHsdP\/n+CkTg9QY9mKB3as8FlKLWceTSP07uB0gRWAruCgkyRqieGNju9","iv":"cf433a3649d52de6e39314427d4f73a0","s":"fdb49f059ad3b401"}
Share your thoughts. Click here