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Retail

Conditions evolve from bad to worse for Secoo amid second bankruptcy filing

August 12, 2022

Secoo, which originated as a secondhand handbag store, is lauded as one of China’s first online luxury goods retailers. Image credit: Secoo

 

Chinese ecommerce retailer Secoo’s financial woes ostensibly have not lessened, as it has filed for bankruptcy for the second time this year.

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