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":"7e6d229c34edcb324a164d614c01ddd9","s":"e478b8581573b412"}
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