China will soon account for more than 50 percent of all luxury purchases, but Paris is still in luxury’s pole position. Image credit: Shutterstock Why Paris will dominate luxury in the Chinese Decade
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
China will soon account for more than 50 percent of all luxury purchases, but Paris is still in luxury’s pole position. Image credit: Shutterstock {"ct":"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","iv":"0a1a46ef0a4cf0cfd6a62c41120fcaa4","s":"86ebb87eae392811"}