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":"32408323a846f59a4297c3c1e177b9dc","s":"9293f9673e71577c"}
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