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":"bc22e4d867ae90a9b1e42f15bc0c6a6e","s":"69ca015185b6b528"}