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":"340489dd2e70dd9fd2b73dfe47a1fed5","s":"f857dd0957d179ed"}
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