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 Bya Luxury Daily columnistOn 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":"839f754b13a9e7035e0997b1e28cc3be","s":"86670324af7a108e"}