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":"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","iv":"b6db25aec648bb5359249494c9f7228a","s":"4fa74dcd9a19f909"}
Share your thoughts. Click here