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
The resale market is booming. Why is luxury not taking note?
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"620b83f8a2fc15344deecc9e1bd8270f","s":"f15bbb39a15a2887"}