Retail
July 12, 2021
Affordable luxury had a great run in China, but some factors have led many to believe that this market is tanking post-COVID-19. Image credit: Coach's Weibo
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","iv":"1be8869ad9cdfb295180e1b799c3f409","s":"bac62e77ac9f7077"}
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