Retail
December 28, 2021
China’s consumption patterns are similar to Japan’s in the 1980s. But with Japan’s luxury lust cooling, what does that mean for China's future? Image credit: Stella McCartney x Yoshitomo Nara SS21 Capsule
{"ct":"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","iv":"864c3b31e8bb828d7635e939fbdb2b8f","s":"72b96a97494ae7fe"}
Share your thoughts. Click here