Olga Pancenko is chief operating officer of Perrin Paris
The fashion business must slow down
Posted Bya Luxury Daily columnistOn In Apparel and accessories,Columns,Editor's Choice,Featured,Industry sectors,Opinion | No Comments{"ct":"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","iv":"49e3665609014c9739cc0ed152d30477","s":"9933fe5f41bb1479"}