Retail
March 24, 2021
Despite their varying motivations for buying luxury brands, Chinese consumers love to mix and match labels and styles, creating a new market space. Image courtesy of Gucci x The North Face
By Glyn Atwal
If executives were to probe Chinese consumers on why they buy luxury brands, their responses would most likely confirm what they already know, or think they know. But are they missing a bigger picture?
{"ct":"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","iv":"56f3021ee0fb44fb508d3786690d087d","s":"b731f0cb58924f4c"}
Share your thoughts. Click here