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
{"ct":"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","iv":"e8d1b0d246788cb4b2149071e406498c","s":"7b6abb7ae0ab2f5c"}
Share your thoughts. Click here