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":"a6f247637669d2bae132779340a703bd","s":"04734f4c60e8efdf"}