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Harrods Managing Director Michael Ward on Why China's Official Anti-Gifting Mindset Is A 'Good Thing' For Luxury

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Known as a one-stop shop where the world’s oligarchs can get a $32,000 diamond manicure and pick up a $36,000 bicycle, a Swarovski-studded refrigerator, or a $165 million megayacht, British department store Harrods is one of the most blinged-out shopping destinations in the world—and Chinese travelers have played a big…

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