Retail
April 28, 2022
Chanel has announced another price increase. But this is sure to backfire as Chinese youth have found alternative sources of luxury in the resale market. Image credit: Shutterstock
{"ct":"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","iv":"627344531dcf9937967b9c327c94414e","s":"4ab3b77c7b231bbf"}
Share your thoughts. Click here