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":"a190ce9a911dcbf449aef3dfa0e039ed","s":"0e0c8f35482b212d"}
Olga Pancenko is chief operating officer of Perrin Paris