
This picture taken on October 13, 2026 shows a customer browsing shoes among secondhand luxury goods at the Zhuanzhuan superstore in the Jing'an District in Shanghai. Chinese were once massive buyers of luxury Western brands, accounting for around a third of global spending and earning firms like LVMH and Hermes billions of dollars. But with the Asian powerhouse's domestic economy in the doldrums, people are tightening their (designer) belts, buying "pre-owned" Western brands or upstart new Chinese ones. (Photo by Pedro PARDO / AFP via Getty Images) / To go with 'CHINA-LIFESTYLE-ECONOMY-FASHION-RETAIL,FOCUS' by Emily WANG

