Leaky Umbrella in china priced 1 lakh..!?

Luxury brands Gucci and Adidas have teamed up to launch an umbrella for sale in china for Rs 1.2 lakh. This umbrella mainly protects from the sun and also prevents rain. Images of this hole umbrella were shared and ridiculed by millions on social media. china is a significant market for luxury and royal goods. Luxury goods sales in china increased by 36 percent last year. In the next three years, experts predict that china will become one of the largest luxury goods market. In this case, Gucci and Adidas will jointly release several collections in china on june 7. As part of that, an umbrella was advertised online. That umbrella is a global trend because of its price.The umbrella is priced at around Rs 1.2 lakh. And that umbrella is not waterproof. So as not to prevent rain. Only protects from the sun. Otherwise, it can be used for decoration. This was posted on the Chinese social networking site Weibo. About 1.4 crore people have watched it. Many have ridiculed, and some have criticized. One man said that some people buy and use things that are not practical to show their value.

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