Retail
November 12, 2019
Although some brands are still ignoring the gloomy economic outlook, the vast majority of the luxury industry today is better prepared to weather the upcoming crisis than it was a decade ago. Image credit: Jing Daily, Shutterstock
{"ct":"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","iv":"8cca6a9a4889ebcb2d6226ccf5b0b0bf","s":"628bfd28de2dd5f0"}
Share your thoughts. Click here