Research
February 24, 2023
Most surveyed global consumers intend to reduce their consumption in the next six months. China’s luxury market is set to buck that trend. Image credit: Shutterstock
{"ct":"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","iv":"8ed0a7b60ac79333fc4cb09a6fdc8768","s":"de23f2075ef71276"}
Share your thoughts. Click here