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":"2c9aca1efa6b35a0a4cdf17cb95314b4","s":"0fa4342d63a68176"}