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Should luxury brands actually reduce their dependence on China?
Posted By
a Luxury Daily columnist
On
May 25, 2022 @ 2:00 am
In Featured,Industry sectors,Retail |
No Comments
Luxury giants such as Kering and LVMH continue to focus on China despite the country's ongoing struggle against Omicron. Image credit: Shutterstock
By
Avery Booker
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","iv":"d786b4050c2bfef206803e327f963ca7","s":"283505f6c70d44ce"}