Retail
May 31, 2017
Outside of China, Singapore is one of the few Asian nations that has a healthy luxury market
By Danny Parisi
The global luxury market is expected to bounce back this year with predicted growth of 2 to 4 percent, according to a new joint report from Altagamma and Bain & Company.
{"ct":"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","iv":"b595afc07da74fa0b06aa6418efd55d4","s":"37dc22fbd160d83e"}
Share your thoughts. Click here