Retail
May 24, 2022
Will China's zero-COVID policy endanger luxury expansion efforts? Not in the long-term: most brands should already have contingency strategies in place. Image credit: Dior
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","iv":"5e4412c5a4e40ffdfccae90949a06199","s":"858cbb9a7d796b1f"}
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