Price alignment is not a strategy but an obligation, says HSBC analyst
Posted ByStaff reportsOn In Apparel and accessories,Featured,Industry sectors,Jewelry,Marketing,News,Research,Retail | No 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","iv":"90d501991eed136fb0465634c76ea0b4","s":"295bffee38c547ad"}