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":"7eebf3e3367f55fc45646a8b6fbb56dd","s":"f97acb07699f2de0"}
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