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":"7fe0c805acb408147399fd887c7eefaf","s":"589f9da1c18915f0"}
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