Retail
August 11, 2020
Since China’s population and its projected economic growth will outpace the United States and Europe’s, its increase in global luxury consumption seems inevitable. Image credit: Balenciaga, Haitong Zheng
{"ct":"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","iv":"6a019aa4c36571446a70de3566273b4b","s":"4ab9e779a4dec2bf"}
Share your thoughts. Click here