The recovery is expected to be supported by a strong holiday shopping season, Bain said.
“We are pretty positive, even if the growth rate in particular in China has been slowing down since mid-August. But they are still very strong,” said Claudia D’Arpizio, the Bain partner who headed up the study. “There has been a sharp V-shaped recovery for personal goods.”
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AUSTRALIA SHOULD DELAY SOCIAL MEDIA BAN FOR CHILDREN UNDER 16. BIG TECH SAYS
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