Why Ralph Lauren, the all-American luxury brand, is a hit in China
As luxury brands struggle to resonate with Chinese consumers, Ralph Lauren is thriving by leaning into its American heritage and preppy core products.
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China’s booming gray markets add woes to luxury brands
SHANGHAI >> China’s second-hand and gray markets for luxury goods are booming, as price hikes from luxury brands in a weak economy ... push and said they did not plan to introduce new ranges ...