Columns
August 17, 2015
Paul Cho is managing director of Headway Capital
By a Luxury Daily columnist
{"ct":"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","iv":"886332a109f8ca0e437e6e0cfcc7f349","s":"675b16a769837b8a"}
Share your thoughts. Click here