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":"dbef7819b7200b441a9ee030ac635f47","s":"42d4ab9a30d2c7cf"}
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