Sumary of Is luxury fashion proving itself recession proof?:
- Is luxury fashion well positioned to weather an economic worsening?
- COVID-19 also be luxury’s quality to rebound after an economic situation.
- China, an important player in luxury fashion, is undergo movements of COVID-19 imprisonments due to the country’s zero COVID policy.
- Between U.S. inflation, China’s imprisonments, and Europe’s abroad policy contents, it’s the perfect but not so perfect storm for a global recession.