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
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","iv":"46bb0c86bc71f18fb0ed03e82a45d640","s":"7cd37da81b3ef5c2"}
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