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":"35e904db1bdbeede0151986798c1cec2","s":"8dbcfdce005e7b16"}
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