Retail
July 22, 2021
China’s flourishing luxury market has created a whole new luxury consumer segment — the luxury bargain hunter — but are they hurting luxury brands? Image credit: Shutterstock
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","iv":"5e887f3b44cfe63cbedb406de7b2a47e","s":"f4bcbebbccae03cf"}
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