Marketing
December 19, 2023
Luxury labels have mounted a growing number of exhibitions in China over the past few years. Image courtesy of Gucci
By Amirah Keaton
At the root of an ongoing slowdown, the luxury industry faced a unique combination of macroeconomic threats this year.
{"ct":"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","iv":"41bab2603e17631597cc17168fbc34e6","s":"35892dc782d80a2e"}
Share your thoughts. Click here