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 Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
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":"d456bdc5c7266ca81ab0e0cb43bbd0a9","s":"851f74484322e8b2"}