Retail
July 12, 2021
Affordable luxury had a great run in China, but some factors have led many to believe that this market is tanking post-COVID-19. Image credit: Coach's Weibo
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","iv":"87efba73da108fa595c7d4aa2897d778","s":"e072a4fc24047b37"}
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