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":"fb59e62cad962c606164a0ffe3e96d2b","s":"540b5e70b9a4d771"}
Share your thoughts. Click here