Retail
May 17, 2021
U.S. growth points to the reality that the market is, like China's, still emerging for luxury. The question is: How sustainable will this be? Image credit: Shutterstock
{"ct":"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","iv":"f317235f7709a21368d89ec864f75161","s":"f46b915b701d2aac"}
Share your thoughts. Click here