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":"03f7ffae9a65b0daab3b372bfcb6fb72","s":"964bb88e2adf81a8"}
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