Retail
April 28, 2022
Chanel has announced another price increase. But this is sure to backfire as Chinese youth have found alternative sources of luxury in the resale market. Image credit: Shutterstock
{"ct":"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","iv":"1ad93c02f84cc3e736795cc5e7f6ca86","s":"604ce51cde55d2e5"}
Share your thoughts. Click here