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":"a66c8a5e40868fcc6b5f5480d3d1386c","s":"4733386a49438390"}
Share your thoughts. Click here