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":"58f0ffeff1b184555a19250b7ffe3152","s":"20d6af02888fee52"}
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