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Home>Gucci's 50% price-cut triggers mad rush in China

Gucci's 50% price-cut triggers mad rush in China

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Thu, 28 May 2015

By Laura He, MarketWatch HONG KONG (MarketWatch) -- Following in the path of its global luxury peers such as Chanel and Prada (PRDSY), the French-owned Italian-based fashion house Gucci (PPRUY) made a bold move of its own and slashed many of its prices in China by 50% on Wednesday, triggering a
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