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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
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","iv":"2e2d577ecc80214cdc6c32592d5ff1f3","s":"953de7457e909fbb"}