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
{"ct":"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","iv":"a671d9ee1c66361e3ebd12323c0eaba9","s":"3aaed759743c8121"}
Share your thoughts. Click here