Affordable Luxury in China: Why value-led luxury is winning
Affordable luxury in China is not about compromise, but about credibility. Consumers seek status, quality, and brand recognition, and clear justification for higher prices. As Chinese luxury buyers grow more discerning, they prefer products that blend credible design, practicality, social value, and reasonable pricing. The ‘old-money’ fashion trend （#老钱风） has gained significant popularity in China. […]