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":"09ee985882010a600c48e1871207fdbe","s":"42a4e0566ceb5037"}