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":"86b62c3b91749d591a9c1491a2890f7c","s":"5d90b7b9c3a8aed5"}
Share your thoughts. Click here