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China’s Gen Z is ‘group-buying’ Tiffany jewelry

Group luxury buying craze leaves houses like Tiffany and Van Cleef & Arpels scrambling to balance social media buzz with brand equity protection.

China’s Gen Z is ‘group-buying’ Tiffany jewelry
Young Chinese consumers are embracing a viral “shared luxury” trend, pooling funds online to purchase Tiffany & Co. jewelry and splitting signature pieces like this heart tag bracelet. The movement has catapulted sales and visibility but raises questions about brand exclusivity. Image: Tiffany & Co.

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