Retail
January 19, 2018
The number of luxury brands with physical stores in China has ballooned in recent years. Image credit: Bain & Company
By Danny Parisi
China’s spectacular growth in luxury consumption recently is primarily driven by Chinese women buying ready-to-wear fashion, jewelry and cosmetics, according to Bain & Company.
{"ct":"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","iv":"9e82d7a0821e426474d9e4b5444253d4","s":"b2cd8fd7f3a899ad"}
Share your thoughts. Click here