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.
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","iv":"f7331b0e4af5ee5ff4ebaa0840c8a0b9","s":"4f87b6623bd59760"}
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