How will China’s luxury fashion market bounce back?
Posted Bya Luxury Daily columnistOn In Apparel and accessories,Featured,Industry sectors | No Comments{"ct":"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","iv":"924f711f3f5961cc6e8e8fd603c44496","s":"dc60b1ec53085265"}
A Prada store in China. Image credit: Shutterstock