Luxury Daily
  • Email
  • Print
  • Reprints
  • ARTICLE TOOLS SPONSOR

Retail

Luxury brands lower prices as China tries to stimulate economy

April 3, 2019

Louis Vuitton is among the luxury brands that have cut prices in China. Image credit: Louis Vuitton

 

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.

To read the entire article, please subscribe or