Marketing
November 13, 2018
Luxury in India just got less expensive. Image credit: Jimmy Choo
By Sarah Jones
HONG KONG – Both Chinese and Indian consumers are price- and currency-conscious in their spending, which impacts both where and what they buy.
{"ct":"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","iv":"d612cbb96ffac426bdec690b7d690b7e","s":"60a6517adb7fbd01"}
Share your thoughts. Click here