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":"3bad9a34b9f4ee53ea21e1f78bedcbe1","s":"c0bf5ab98171d660"}
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