Chinese women dance outside a Prada store in Beijing, China. Chinese luxury shoppers spend US$111 billion a year on luxury goods worldwide, but the pandemic has seen them refocus their attention on the local market. Photo: Getty Images
Luxury shoppers in China stymied by travel disruption buy second-hand and from local stores as shortages bite
- China’s high-end shoppers are finding it hard to splash their cash with the Covid-19 pandemic halting travel and causing shortages of imported goods
- Sales of second-hand luxury goods on online platform Paipai jumped 138 per cent from 2019 during its summer sale
Topic |
Fashion
Chinese women dance outside a Prada store in Beijing, China. Chinese luxury shoppers spend US$111 billion a year on luxury goods worldwide, but the pandemic has seen them refocus their attention on the local market. Photo: Getty Images