labels should consider expanding to regions like the Middle East and Africa to achieve a more balanced global revenue structure. Image credit: Shutterstock China recalibrated: Why luxury must consider changing their global game
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
labels should consider expanding to regions like the Middle East and Africa to achieve a more balanced global revenue structure. Image credit: Shutterstock {"ct":"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","iv":"58834e975e62e8c410a39fc4fdc63da3","s":"caa41494dc50823f"}