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":"fe7a2d2a7c0e6fc3f16ea90431a8fcb5","s":"6985b65e8046827c"}
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