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.
{"ct":"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","iv":"9869c24d3be06d3a66638ae58ea8a3f6","s":"8fd26011b547f216"}
Share your thoughts. Click here