China’s booming grey markets add woes to luxury brands
Oct 21, 2024
SHANGHAI >> China’s second-hand and grey markets for luxury goods are booming, as price hikes from luxury brands in a weak economy are prompting some shoppers to look for cheaper ways to buy them, deepening concerns for the likes of LVMH.
https://www.staradvertiser.com/2024/10/21/breaking-news/chinas-booming-grey-markets-add-woes-to-luxury-brands/
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