Retail
November 12, 2019
Although some brands are still ignoring the gloomy economic outlook, the vast majority of the luxury industry today is better prepared to weather the upcoming crisis than it was a decade ago. Image credit: Jing Daily, Shutterstock
{"ct":"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","iv":"98fc6062f2d3044449bd78146bf55ed9","s":"80613ec06aef7a5e"}
Share your thoughts. Click here