Outlook
December 18, 2023
Although UHNWIs continue to dominate the market, it is clear that the younger generations must not be overlooked. Seen here: Prada's fall.winter 2023 campaign. Image: Prada
{"ct":"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","iv":"0a1434066c65dc5e61ab55496011f228","s":"b47ef5a713997d24"}
Share your thoughts. Click here