Editorials
August 15, 2019
Hong Kong's protests have caused a dip in luxury sales. Image credit: Hong Kong Tourism
By Mickey Alam Khan
While it is no time to send out a code red, luxury marketers should be prepared for a slowdown caused by geopolitical turmoil and trade wars in some of the wealthiest markets worldwide.
{"ct":"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","iv":"f54547676779143867cc035b146ca69a","s":"a53ae4cc05a7fbf9"}
Share your thoughts. Click here