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":"076f8f092aae81ae481187e99e3c4132","s":"a34044261714f782"}