Youngsters boost China’s Luxury Market

Millennials have boosted China’s Luxery Market enough to double its shares in the global luxury market. China is currently on track to become the largest luxury market by 2025. The country has overcome the pandemic and has seen a luxury market growth of 48% this year. Their market share as quite literally doubled from 11% to 20% in 2020 truly making them “unstoppable”.

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