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":"fffff1d0634a3e23e89ceb8052bf42b1","s":"2cbc4e2dc62782b9"}