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":"a28f500c673d5c55e73ff1aa18a28c09","s":"69cd082a1bb288a0"}
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