The fashion business must slow down
Posted By a Luxury Daily columnist On In Apparel and accessories,Columns,Editor's Choice,Featured,Industry sectors,Opinion | No Comments{"ct":"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","iv":"f930f5ba39da4408c3668de7c14506a0","s":"98b7f9c9bea43f11"}
Olga Pancenko is chief operating officer of Perrin Paris