Financial services
September 24, 2020
From all accounts, it seems the Chinese luxury market is bouncing back. Image credit: Luxury Society
By Sarah Ramirez
NEW YORK – Cautious optimism for slow growth in the luxury industry during 2020 was quickly extinguished by the rapid spread of the coronavirus, with the repercussions reverberating for years to come.
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","iv":"a039e548643b0c45e05e6eb1b125941c","s":"ff079353b06768a8"}
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