Luxury handbags in China up by 60% in 2021, says Bain
Sales of luxury handbags in China, during 2021, increased by 60%. It’s the best performance across product categories: fashion and lifestyle, for example, increased by “just” 40%. The source is China Luxury Report by Bain & Company, which estimates that the luxury market in China grew by 36% during 2021. This variation in 2020 was...