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":"ff3a7540859c943bb1b1a62abd34a3d5","s":"fd7058c80cdd5b5a"}
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