Marketing
June 30, 2025
The consumer needs to be reassured of the value proposition of luxury goods and services in an era of increasing skepticism towards brands and institutions
By Mickey Alam Khan
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","iv":"9ec56c9763a6a50f936f67f0c9464660","s":"f5fae231fd288a4a"}
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