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":"e5f1676d8be72edb9630bfbb44b6ae46","s":"bde6ec7d2241d2e4"}
Share your thoughts. Click here