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":"fae9354182487653b36937d92ffab713","s":"4ccdf8a419ddc585"}
Share your thoughts. Click here