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":"c81887a0fa26e554861436b3121019d1","s":"cccc33658a327df4"}
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