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":"855634608d705c73c355392a3e7c36b3","s":"cc1712cbc7a9ec02"}
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