- Luxury Daily -
https://www.luxurydaily.com
-
The circular economy in luxury: The new consumerism
Posted By
a Luxury Daily columnist
On
May 22, 2018 @ 2:00 am
In Columns,Featured,Opinion |
No Comments
Sheetal Jain is founder/CEO of Luxe Analytics
By
Sheetal Jain
and
Sita Mishra
{"ct":"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","iv":"03d84ce8ad186e1779c107849a823205","s":"1ffd7dcd21f05aa7"}