Summary | Gucci stores in many Chinese cities cut their prices
by 50 percent during a sales promotion in May.The pany said its
business in the Asia-Pacific region showed a negative
trend."Traditional luxury brands in the Chinese market can no
longer get back to their golden age of 2011.Following this,
LVMH also reportedly implemented an 18 percent price reduction ...
en.ce.cn | 10 August 2015