Travel and hospitality
September 10, 2020
The luxury sector just had one of its worst quarters ever, but despite the turmoil, there’s a silver lining: double-digit sales growth in China. Image credit: Shutterstock
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","iv":"826ff56d77b481fc5c0c58fcc11d08e2","s":"f4dc40343acd324e"}
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