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
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","iv":"78aa5876856bdf10aa8c2f4532d35d2a","s":"d388d5d6d466bba4"}
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