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
{"ct":"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","iv":"4b5b1ef19b4a7fd786d4e06980adae50","s":"a01821788d508ff3"}
Share your thoughts. Click here