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":"81860c129e1982a8a75906611c4e1401","s":"64944c590f710388"}