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":"1a05cf49896a250c9e7ba37d6aa7bb70","s":"6b1f9d111df3c702"}
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