Retail
July 27, 2020
Following lockdown, Hermès enjoyed stellar sales in China after reopening. How has it been able to not only weather the COVID-19 crisis — but also thrive? Image credit: Shutterstock
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","iv":"c24b5eaf38d70d6e117e48baa40ac03e","s":"8dab0ef820207c32"}
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