Once again, the same mantra

Revenge Shopping. Did you ever hear this phrase? I bet you didn't, but it's one of the unique things to come out of China recently. According to a recent article in the South China Morning Post, a Hong Kong based newspaper, the post-COVID opening up of retail in Chinese cities has seen a surge of 'revenge shopping', especially in luxury stores. One store of French chain Hermès had sales of US $2.9 million on the first day when shops opened. Now people are wondering whether 'revenge shopping' will spread to other types of stores too. Will the middle-class also participate in revenge shopping, or will it stay limited to the wealthy? Anyhow, for the rest of the world, this stage is still some months away. As of now, people are