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":"ce0a9c041c0d842b6ea75f7f6a9b7663","s":"cd1caf6f763b5814"}
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