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Versace CEO: Internet investment more important than Chinese market sales

Karlie Kloss models for Versace's new campaign; Versace has attracted millennials with its social media marketing Karlie Kloss models for Versace's new campaign; Versace has attracted millennials with its social media marketing

 

MONTE-CARLO, Monaco – As China’s contribution to luxury growth is flattening, the luxury industry should be looking online to reap more development opportunities, according to panelists at the Financial Times' Business of Luxury Summit June 9.