Luxury fashion brands limit discounts in China to rebuilt image
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown. None of the products sold by Kering SA’s Balenciaga on Tmall, China’s dominant e-commerce […]
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown. None of the products sold by Kering SA’s Balenciaga on Tmall, China’s dominant e-commerce […]
