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Luxury Coach bag for $30? Deflation reshapes China’s luxury market
China’s deepening deflation drives consumer shifts and fuels a second-hand luxury boom. Discounts of up to 90% on brands like Coach and Givenchy reflect economic pressures and growing market competition.
China’s deepening deflation drives consumer shifts and fuels a second-hand luxury boom. Discounts of up to 90% on brands like Coach and Givenchy reflect economic pressures and growing market competition.
