
Why many Western luxury brands banking on China will fail
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Marketing,Retail | No Comments
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","iv":"239743060df75388f16b1eed1a74e042","s":"feb1ac879e4912d7"}