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":"519935dea90fccbdaf314717f7fbf62e","s":"f73da881941c8eea"}
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