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":"356a59da81ea5d52c724a720162647d7","s":"4a29519f0e012601"}