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
Is China’s affordable luxury market dying?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"585ae21a8b61da57b2818aee300a0d46","s":"28f2bb3e4168781b"}