Research
January 26, 2018
The luxury business is in a period of tremendous disruption. Image courtesy of EY
By a Luxury Daily columnist
{"ct":"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","iv":"0cb539a3615a9cb6cc585333edbb8edd","s":"ced6a1ff22bb69b3"}
Share your thoughts. Click here