Brand equity and storytelling is no joke in the China market, and 10 years from now, it will be standard for successful luxury brands. Image credit: Louis Vuitton. Illustration: Haitong Zheng/Jing Daily
Luxury 2030, part 2: The rise of purpose-driven brands
Posted By a Luxury Daily columnist On In Industry sectors,Retail | No 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","iv":"28ff6b2c5e3935dd7940333da4ee87ee","s":"97e597ff5c5f42d5"}