Research
May 18, 2020
The luxury business will take a major hit this year because of COVID-19 shutdowns and travel bans. Source: Euromonitor International
{"ct":"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","iv":"444a4de9fdd9524365e0dcad870407c8","s":"e63faf5bdb47d3bd"}
Share your thoughts. Click here