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":"b91035759e1c2038bbc1d3838afbc7ed","s":"591bf61c3f858dfd"}