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":"d3325c7d455637de49f95cfe8cffa81e","s":"2d85f6708593419f"}
Share your thoughts. Click here