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":"2b9239c7929cac74d602164e550fff70","s":"ecbef39f2692b337"}
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