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Chinese consumers are buying more luxury items at home, but it may not be enough to save struggling department stores – particularly those that don’t boast a restaurant, cinema or ice rink. Offline shops may benefit from a recovery in domestic luxury…
Netflix and Amazon have ramped up their investment in programming, spending $7.5 billion last year—more than CBS, HBO, Turner and most countries, including South Korea and Australia. According to IHS Markit, Netflix and Amazon more than doubled their annual…
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