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Is China’s luxury future in vintage?

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
Chinese fashion consumer preferences have moved toward classic items that hold their value. Does that open the door for second-hand luxury in China? Image courtesy of Dior Chinese fashion consumer preferences have moved toward classic items that hold their value. Does that open the door for second-hand luxury in China? Image courtesy of Dior

 

By Ashley Galina Dudarenok

When looking back at 2020, China’s luxury market performed remarkably well, despite the impact of the COVID-19.