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":"18d158e2d644a0147df367de5e7cbe4a","s":"b08f85c20f190b7a"}
Share your thoughts. Click here