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 The resale market is booming. Why is luxury not taking note?
Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
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 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","iv":"bc87bded146c6ab30fd035c9e17365fe","s":"e1cb149edcab925a"}