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":"773a0c9cfcc2a841afd0c67b68914fc9","s":"3d827e7223f02a7c"}