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":"c7c55b7c0f343523e254060722ead415","s":"093820e1d4dd2194"}