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":"2cb41921b171603f15de865558021b15","s":"efd0a9553d484442"}
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