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
Is China’s affordable luxury market dying?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"66e19a40e751e1fffdf51047f23ba9f3","s":"bcbd4e56cf49fb6f"}