Retail
December 28, 2021
China’s consumption patterns are similar to Japan’s in the 1980s. But with Japan’s luxury lust cooling, what does that mean for China's future? Image credit: Stella McCartney x Yoshitomo Nara SS21 Capsule
{"ct":"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","iv":"ef6329adfc976da6d48d36210c8f743f","s":"34f6fb98a078c6b5"}
Share your thoughts. Click here