As the business of luxury shows swift signs of a rebound in China and beyond, luxury brands need to prepare now for the next challenge. Image credit: Prada, Haitong Zheng The third wave: After COVID-19 and economic hardship, what is luxury’s next challenge?
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Marketing | No Comments
As the business of luxury shows swift signs of a rebound in China and beyond, luxury brands need to prepare now for the next challenge. Image credit: Prada, Haitong Zheng 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","iv":"9ff24e28957a57ee1cbfe3e3bf3efd26","s":"31d49bab3ea8e235"}