The middle class in China is expected to double by 2040, adding a significant amount of luxury customers to the market. Image credit: Louis Vuitton
Luxury brands: Do not worry about China — worry about your game
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"78c711bd5bffaacdf07eb252045e8696","s":"93f574398c28d536"}