Retail
May 24, 2022
Will China's zero-COVID policy endanger luxury expansion efforts? Not in the long-term: most brands should already have contingency strategies in place. Image credit: Dior
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","iv":"bfcc72dfc287e984bac6e6b63df661c5","s":"1612f491933ed0a9"}
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