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":"11e54b86e4e9c4409924dc91486a9668","s":"6dd52abba7e471ad"}
Share your thoughts. Click here