Price alignment is not a strategy but an obligation, says HSBC analyst
Posted ByStaff reportsOn In Apparel and accessories,Featured,Industry sectors,Jewelry,Marketing,News,Research,Retail | No 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DuAunRbeJOnGinNGVPoQ3slCWmywuzLiFgdG8Kk2nrH+KQhch1Ak09zdJT61mnXQLecfjWiA+xEyBUkbSpfYAYBfOH4OgNRkRbYKS0diDPDAX1fs7C3jWRefkXhaKXu4KADxGF5O0DAS7Xv1CSi6OzOydxhZFMAOroIYjt0SelPNupre0g3xG3YAsmSjqj+neVENye5+Bd7MmPF4bhevEw9w+DoNeDkuj1KqvBv+fyhL1K0ApCAkn\/L0aXTm\/2iIMOJnZLWvNsW5M\/ssy7ZIWLTHEn71m0DWTJN9fIyaEk4pm9zPYszpJw2H+EyH9XBlfKeorZOlrpxnhjB3v3C9B3D4EXvs3+fnpEYuPo1m3bJgfRaGZQfWlGcS9Lyxq7bTiVGCtI3+hxIbGq0EayK\/+XxyHgRSa8hWgw1pcAILW1VRg9zc7FTt37fSYl21fGRS60lBhKTKcMdvPstxPKTFWbRwU8mgbrBaXmhr9utNLbj3YsM0CfGUvtEBNqUKNKZTEkON7Xes8PISvQE9vdFvppl8GjTXzrvJSNG15f3Pi+2Z3d1LJh2jAykqJ+2JEkAjkJlTOQWvOeWBsHXdLKft6Jp9RLL+4Y0Jt97EHNsoW\/QSrpT\/ADTAoOmVKufT0vc50zhlC38PXvlHjYeiMi46emLFAZFk5b5zrbkWxNhda18BL8fn6Btn6zh2cfQY1jWKnJu6SecCAowJY8o32woad0xj4+2vpalEfVqJKAgDovDh\/DgVgvUY8NoZ2UFSt6Wv\/KiguVWrzgoN\/gGG4cKC6ISbFz\/bDTm8sa+lUzUgfsYNVjgxeHuXr\/2qKX2LtyNY\/K3jcqc1JDYM\/IRoKEV5H4Duu8np1dmM6XYcP19rv93wF3ungYxIbeV8bA9XMbwluW9Ln+0SNTaFgPyXfRBYxrb8DCXjvOM9OwRxn1WbQtrjAPvDAIYFz1VXGwRU0Jfnn4pth+MHwbZc9q8d33K\/HpcE6GDP7SwiB1fblNdRuUP8mnMITAhU9dI0eHJtOMLig7OuaNdzrHnQ8eGswYYJao4X0sC3pEzifHBkDKobbUgc+hKXIcsgY3lHSiZ\/ISqfQPmV3fXXy39aN4YOx+PAWxXhfAwtdSpIbBHJfgYM8HKT56GeuVY8\/1NPdelEUPsgMwAztI7VU\/XSb4Mzd3IsdDYOyIGdJb6NrI7ubfYMnWXSgaQgVK4x3NhkYzQuFCsVj4fmU86a19JFh730Txwl9jEmVeoKIC3i87R9AA69cM4e\/mNCw7jTIL+B+tODAltYE8vXG+9G8aHeZc5+S9sRbjsM45ATms\/Ytgr+\/m7u7QY68zpqukgguzXZAogUvXtJiO8V9T622LFJCSrMGmrmkxp3bM1yzEAbj147IbT0z1v08mmbTJ5887C\/GbERDx0ZBbbW5cYzdG3bFaDOgFAIkdFboASsXs3PbixpgAeGNIiJlgFg3oxnsB7dHatVg1\/TXtgNrrs82Pm4Wp6j+CSfQ2Rs6JwQQNsSUIoWt6jqCrWOfLdL4mtY4PsyS5dNsBexO+Rzi6\/ohLfXM4q9+0CCuCvg35TIBAcOC0skyms8efGvrXfHV4ShKW5o8hrojnVZzhI9ZVj+rD3F2QsOX\/5RSMiyAf5x7Pks9AkcWVrgHCgFIV8mWM12amMOCXKbqKVD\/P39\/ZN8sFtQ9+yE\/LTxDm3Zrj36YcuapOHdExovT6p+oPMnfvNExixE3NdJ9\/iirWllyfeiw\/nkBd+Jqne3WeAVkQfyeS4wAhLLCwHQ\/sqZJKoZqiDRmR5e8UJyfJIIO5LGVD3LYIucPYCJC2F9HSr3cReqOS6WJXxnJdYsmBKr1U39iBsrOn0h12n7PJy5DZkNGaCuM2xNUJstIHVDkxmRFvYHFE7PiSQlxMaCMGM+JdvsJXmXJ\/2vJGb1iURdx+4NI1dzqpo0iJ\/nOfvweGTBdtBuIMSk46SKjCr2gOUZd5QIMEqCpT4faZ8bzxQNERFhRXALChwir5vZydgvOQps4ixSpfClcjkYg4OZ54+xwRk8wuItR6fWAe4GHaZGmrGg8RpG4g8Rsn2vYPOjkyvjS5PhHtTWR+BEOdHwEOoS1pt8Ja3DWjC+rM0qkAr+ktB57rH1+IC8U\/Nmk54AbDAYtaR2sHSz\/XmKmphLriQEF9KiUc1+sh+cwuH9C1DJpMDrW2Ukinxlm9RD0eUMv4Kh5RsI7HGlnBSp0+1PjHJAnLxaaOAyphhyV11IK1KnutC8KMBcO\/1Fqakbs+kdfcuvc2IO2q4KwPIlZdSOM554Ay1S3pdWHSt4bu9odCYPzZeXK4b4YQar3UmU7yjHNtafrgeyYwX42NotXBczmUqXAJnHd77NYUpn7SvKFd\/cuTDP51TpvD2rS+iQaSf1CBgWwXMtKbDWq\/+oC2GQw1RgY6oAszz3qd\/+JXkNQksEdyCnaRqRJBk9Sqw1vWF5jfz9XVxioVXBNFTgzG1EB\/8RsUR5l0h98BT7R4qQcliUX9NqLAe6YMGeTarzYrBKDd\/wjDqwgMGWLft5hrV6g3f0u6F+gfKhzZXalv9KvmkAH+MOvSpw19A252+Vnt331R54y\/uIgTPcYFSSDt73+Eb3wOTE\/L0Yn8XtNeHToxA4\/Yps48ALSwGSWaFrCjVAuSABlvKbSLWgAt9Vi12S9Qu4OU+KWzhFNXaDylMYRS3bxh9TWO+kDCz78D9FUQzJQr8q1MC\/OYjBqD804Cq03NCX4B91ooel6rvD4JdLdxn35Xp6spFbMsHWUSHAIRBtU6EfjJFLqs0c1XH51WAlStI\/T88fL+xJHpAKSHXxUjMadfpFQgkUD5kRTIUNqtREUtOOYYA6YlWASMcETkTb8nsHzgBymnU7yQmOzZasRRdisi8JIcIHM45YIWX+5DbKkITO3p0pyqbdPE55UD10d\/j42Y1\/9mltUgerafgdS7ysQu00wSkNI07qUuwQSJj2TBNpbuwRagDJTUd45yothc2u612ucXpNeUN6EUjSTN4mivwE7JnpDdx8MwnwOuv+L+a03WX3QqwFVG+bRU30qWYn1Nw635VdPaFZ9Q58ofCkiIt\/VQIEZVzKcA1kcVEawPZUzNn5e1y3++e4vBjm3p0hyIEyy94syR8W+rh\/cktEDxIZRrV6FnoNTwGUUs3QEjC4jYyhyU6UuASoFbKS+eWtS4jKrfRlDOBxJxB0cR7cvXEJNsXXTzdtAZyE55kdVN2KW1Wkpa1L5unLc8fogxtOv7itWQpWffoANLNuAwUJSilFlHY1fiOY\/\/JtDzNSYwWUHuZLMB2bxN0P69eRPtP3adhv72NjIvSohNx4oYPDiiLkE3RkHhcYmXQOq2nrnoOxm\/Biqm5TAvWk9KjWzcKybjh4SFSd\/pfXMgWcGqarri3h6S0ki5ybiFfMwzY\/LmiQy1Gld7Km1jjhJf5yaU\/YjEY4wNKchZB7FrgYTO3o12z8oqBJf+YWBKA+zUkl+5WwNu4+0thhvsBXeUSGme5W4kHTQ1tcX6cI+u+QuS8Djg2AAHSutY0Nc2DEIA1D8F6\/ScxoMu4soUVdK22nx2UnMT6in52Q70XKKe5UFbuDDQ1o8AYsrNERWKvLsX6GuiXPEViTPSzYEBLKiFRCPG+qCk9w11ErYfZhkJodahqJxzq1sUYfPaVA4t+6mj0JdMBpYzyEtJuO2uq\/MZioYlP\/YViS5\/Hi9Kqk+HQMaEm1aRk3Fjk3CZ19UmwFIoJ\/rTkqPwvqowaDkMauIvtookz2eEQHO8wvU4zbeqsIWCyrkzIJj+VeCmLzUp2gyOSBNlrLui5HHI5s8yqwZHUmhbAUrUXbqswuUmWlrrp5RUtcvOs04mw1fAaLDxrf+fQeYfQd4V8Vf6lsfy2HWusv4cEDU9+kpuskDJYzFoFrU3nP1EhAqvaAR\/hiQC8x4N\/lnitACi0k26Z78DMOb59FQQ6tZnlgs0mBl80\/pPhE6eD3tNAzs4TtR+yCPg7\/99HBW56cweXodEUqXd2lPuI9uFvfjqc8etvMSO\/Dw0grFp9ZPr2jTy0T36wO0pD6W3Yht4jvqrQNp9OkJPad8OSyd2mJ\/rYBPz2Nw==","iv":"ca84e15d40e2c7faaef62ec849867973","s":"d232f014cea06c21"}
