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":"2f4e9bba9039c8c4eb4a4de23029158a","s":"f016b08606fe8cc3"}
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