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":"fe8d59b50ad288361b5e3c889d83c7b8","s":"ad9c8ddc9e9a8c70"}
Share your thoughts. Click here