Retail
March 11, 2021
China’s economy quickly rose from a manufacturing superpower to a mature service sector. But how will those changes impact global luxury brands? Image courtesy of Versace
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","iv":"17432c74e9e605cfdb2c69f9c3ec08d7","s":"df50bb8169b28094"}
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