Retail
April 3, 2019
Louis Vuitton is among the luxury brands that have cut prices in China. Image credit: Louis Vuitton
By Sarah Ramirez
With cuts in China’s value-added tax now in effect, luxury brands are reportedly responding by lowering their prices as the government hopes to reinvigorate the world’s second-largest economy.
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","iv":"fa51cd12667c07026f4a20128336d94c","s":"0249b7368684b470"}
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