
Polarization strikes back for the luxury business
Posted By Luxury Roundtable Intelligence On In China,Columns,Marketing,News,Outlook,Research,Research,Retail,Retail,Strategy | No Comments
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","iv":"4602e0e6aaa3acb0ab9ad05b4b4ec86c","s":"1b5b2a94e25e07d4"}