(1423) No Money! China’s Luxury Market Collapses: LV Bags Plunge 70%, Become Dead Weight - YouTube

No Money! China’s Luxury Market Collapses: LV Bags Plunge 70%, Become Dead Weight

China Observer

827K subscribers
12,188 views
Aug 3, 2026 ✪ Members first on August 3, 2026
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First came reports of a sharp price drop at second-hand LV stores across China. Many shop owners complained on social media that bag prices had continued to fall, meaning they lost money as soon as they purchased inventory, leaving them stuck with unsold products.