Retail
July 22, 2021
China’s flourishing luxury market has created a whole new luxury consumer segment — the luxury bargain hunter — but are they hurting luxury brands? Image credit: Shutterstock
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","iv":"be1cdd2144a1a7e5bd6ca88abc80a801","s":"b23d017b7d097480"}
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