Research
July 17, 2020
Amrita Banta, managing director and cofounder of Agility Research & Strategy shares spending outlook in China. Image credit: Agility Research
By Dianna Dilworth
A strong sense of purpose is at the root of being a luxury brand, and now more than ever consumers are looking to luxury brands to inspire hope and direction in establishing a new normal post-pandemic.
{"ct":"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","iv":"d37e1b41198176eb3e6ad385ed4489ed","s":"e12f5e6a9df5c10d"}
Share your thoughts. Click here