Retail
March 11, 2021
China’s economy quickly rose from a manufacturing superpower to a mature service sector. But how will those changes impact global luxury brands? Image courtesy of Versace
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","iv":"d7d736136529bcbf8193c5bed6022186","s":"c4abeac491867481"}
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