Retail
July 22, 2021
China’s flourishing luxury market has created a whole new luxury consumer segment — the luxury bargain hunter — but are they hurting luxury brands? Image credit: Shutterstock
{"ct":"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","iv":"9b89a34ac4c64d874465c1a3d457017b","s":"dff053b735485784"}
Share your thoughts. Click here