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":"cc85ef5a917d6cd26b7cb99a0bd76cb6","s":"89ba89376ad825bc"}
Share your thoughts. Click here