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":"987a203d4c5e43cfa7f2b8fee1ad491f","s":"6041857bbc25fcd7"}
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