COVID-19 forced luxury consumption to go local. It seems that things will stay that way for quite some time still — at least looking East. Image credit: Shutterstock
Globalization no more: Get ready for another 12 months of local luxury consumption
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No 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","iv":"2ea420765866956ff5cb5aa37c865cd5","s":"e77f9591624e8a71"}