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80pc of Shanghai consumers made a luxury purchase within the last year: study

Posted BySarah JonesOn In Apparel and accessories,Featured,Industry sectors,News,Research,Retail | No Comments

 

By Sarah Jones

Four out of five Shanghai residents have purchased at least one luxury item within the past 12 months, and most say they will be ready to purchase another luxury item within the next six months, according to a new report.