Research
February 13, 2023
China’s Very Important Clients, who mostly comprise high-net-worth individuals (HNWI), were a major contributor to luxury sales over the year. Image credit: Shutterstock
{"ct":"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","iv":"9685aa3ddda35191915560c47fb1cb54","s":"90a10ec2fce394fc"}
Share your thoughts. Click here