Major luxury players know scaling up confers enormous benefits in their pursuit of further growth. Image credit: Gucci, Haitong Zheng
“Buy Less, Buy Better” means luxury leaders are only going to get stronger
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
Major luxury players know scaling up confers enormous benefits in their pursuit of further growth. Image credit: Gucci, Haitong Zheng
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","iv":"441bb60104031bb4ebd22a6b03176547","s":"083830e56553c2b5"}