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":"6873e54641ed53107be2111dc265f4df","s":"5c5679d70d44248c"}
Share your thoughts. Click here