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Mainland China drives global luxury as brands downsize in Hong Kong: PwC
Posted By
a Luxury Daily columnist
On
February 16, 2023 @ 2:00 am
In Featured,Industry sectors,Retail |
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China is expected to account for 25 percent of the global luxury market by 2025. Image credit: Shutterstock
By
Julienna Law
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","iv":"5e8f692a594e506d06a1f20c8c186f42","s":"dc00b539de8bd722"}