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":"a42674571b085571ac8a895ca3f1663b","s":"11c723c3c57d8f88"}
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