Luxury brands that struggled before the outbreak will continue to lose momentum in China if they do not transform their digital capabilities. Image credit: Hermès
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
Luxury brands that struggled before the outbreak will continue to lose momentum in China if they do not transform their digital capabilities. Image credit: Hermès
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","iv":"3d0969686d9eacb84e33d2fbae0d9031","s":"7b591f3ad3236a14"}