Retail
July 9, 2020
China and South Korea are the two countries that have recovered from COVID-19 the fastest, but their luxury market rebounds look quite different. Image credit: Shutterstock
{"ct":"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","iv":"c7757b2eba255dab5ff0da5fd52b2ad7","s":"e142340787d449c5"}
Share your thoughts. Click here