- Luxury Daily -
https://www.luxurydaily.com
-
Should luxury brands actually reduce their dependence on China?
Posted By
a Luxury Daily columnist
On
May 25, 2022 @ 2:00 am
In Featured,Industry sectors,Retail |
No Comments
Luxury giants such as Kering and LVMH continue to focus on China despite the country's ongoing struggle against Omicron. Image credit: Shutterstock
By
Avery Booker
{"ct":"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","iv":"12fa689d6b6a8bcbc138d3296893f9bb","s":"d355f33af3f4b918"}