Songmont: How A Chinese Handbag Brand Redefined Functional Luxury
Songmont matters now because China’s luxury market is no longer defined only by European maisons, visible logos, and imported status codes. In 2026, luxury growth is more selective. Bain reported that mainland China’s personal luxury goods market contracted by 3 percent to 5 percent in 2025, while local Chinese luxury players gained traction through culturally […] The post Songmont: How A Chinese Handbag Brand Redefined Functional Luxury appeared first on Ashley Dudarenok.
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