
Why many Western luxury brands banking on China will fail
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Marketing,Retail | No Comments
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","iv":"95abce004ace21ba67fb353b15a13e14","s":"e97245268691ef60"}