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":"bd56fbb02ea50638b8c4f7cb7831fe92","s":"cb5d6c8aecc6ebb5"}
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