Tag: luxury consumer

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Price Drops Alone Won’t Boost Luxury Sales in China

March 23, 2015/0/0/

One of the biggest stories to come out of the global luxury industry last week was Chanel’s decision to increase prices for some handbags in Europe while lowering prices in mainland China. This move, which will take effect on April 8, is aimed at fighting a flourishing gray market and narrowing the price gap between China […]

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Easing of US Visas for Chinese Travelers Heralds a Business Boom

November 11, 2014/0/0/

This week, US President Obama announced the signing of a reciprocal visa agreement with China that will increase the validity of short-term tourist and business visas from one to ten years, and student and exchange visas from one to five years. For tourists and businesspeople that regularly travel between China and the US – and […]

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