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Three major trends are shaping China's luxury market today: expansion of luxury brands into everyday categories, increased attention towards niche brands and personalization, and "normalization" of online sales of luxury goods.
On August 21st, CBNData and Tmall published a report entitled “Luxury Consumption Trends in the Era of New Retail, 2017”. Using Alibaba’s consumer data to analyze consumption patterns, the report highlights several trends in changing luxury consumer demographics as...
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