Retail
July 12, 2021
Affordable luxury had a great run in China, but some factors have led many to believe that this market is tanking post-COVID-19. Image credit: Coach's Weibo
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","iv":"a47643f8a820d7a6608c313e4ed552c8","s":"cfb7ec359290b555"}
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