Retail
March 11, 2021
China’s economy quickly rose from a manufacturing superpower to a mature service sector. But how will those changes impact global luxury brands? Image courtesy of Versace
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","iv":"8738e9a89f6c3d3d824d24057040f66b","s":"0bfa4de1ab2cab1d"}
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