Marketing
May 6, 2021
Luxury brands have been primarily focused on High Net Worth Individuals (HNWI), but are they missing out on other important segments in China? Image credit: Shutterstock
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","iv":"c883da13a1e1b3b400cdd814e8f9d710","s":"cf9d59574a979947"}
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