Price is no problem if the label is right
By Yu Ran | China Daily | Updated: 2012-01-28 07:22
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A Chanel store in Beijing. Before the Christmas period, many luxury companies began to increase the prices of their goods. However, this won't do much to affect the demand from wealthy consumers. Provided to China Daily |
SHANGHAI - Many luxury brands have made their annual price adjustments for certain products, with increases of more than 10 percent since November, but that hasn't dented Chinese customers' taste for upmarket items.
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