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":"e42cb4efa1a1ae5cd2cd3860d1e237cc","s":"c0fcab1f8540fb2a"}
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