Retail
July 9, 2020
China and South Korea are the two countries that have recovered from COVID-19 the fastest, but their luxury market rebounds look quite different. Image credit: Shutterstock
{"ct":"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","iv":"6790edf5da9eead5fc45e8cb10b0344b","s":"8335e3fdee157b56"}
Share your thoughts. Click here