Marketing
December 19, 2023
Luxury labels have mounted a growing number of exhibitions in China over the past few years. Image courtesy of Gucci
By Amirah Keaton
At the root of an ongoing slowdown, the luxury industry faced a unique combination of macroeconomic threats this year.
{"ct":"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","iv":"dcf151a1f2953640c092ed86f84e538a","s":"f682261c7c247a5d"}
Share your thoughts. Click here