February 22, 2021

ASIA LUXURY & LIFESTYLE RETAIL BAROMETER PART III

Part 3, 2020 in review

Wrapping up 2020 in ’survival mode’ – Part 3 looks at how Asian markets, channels, product categories and travel retail fared. The main trends in channels were the growth of ‘phygital retail’, in products a preference on the ’self care’ category, a slow down in travel retail but also a boost in ‘local consumption’ and ‘local travel’, opening new duty free markets in China specifically.