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":"3ccc50737ed73b0c9851f5136f2f11b3","s":"fed92e1440752b16"}
Share your thoughts. Click here