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":"3e304031d70071d12e2950a4d0f7d89a","s":"a7365c88650184a8"}
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