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":"719b3d6cea4bba21815a768d8d54ae08","s":"d7e6642394b87275"}