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Luxury’s Renminbi Roulette: Why Currency Adjustments are Risky Business
In the face of currency fluctuations that leave a massive gap between luxury prices in China and Europe, brands should think carefully about their next steps. Read MoreCurrency Fluctuations Will Fuel China’s Gray Market—Unless Brands Take Action
As currency fluctuations widen the luxury price gap between Europe and China, brands like Chanel and Patek Phillippe are slashing prices to combat China's rampant gray market. Read More