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Luxury labels ditch steep China discounts to rebuild value

Summary by South China Morning Post
Balenciaga, Versace, Valentino and peers change tack to convey exclusivity, attract resilient spending of wealthy buyers.

3 Articles

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South China Morning PostSouth China Morning Post
Center

Luxury labels ditch steep China discounts to rebuild value

Balenciaga, Versace, Valentino and peers change tack to convey exclusivity, attract resilient spending of wealthy buyers.

·Hong Kong
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BloombergBloomberg
Lean Left

Luxury Labels Ditch Steep China Discounts to Rebuild Brand Value

Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy shoppers whose spending remains less affected by economic slowdown.

·United States
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morningstar.co.ukmorningstar.co.uk

Hermès and LVMH: Which of These Luxury Stocks Looks Cheap Right Now?

Investors might want to take another look at one of the luxury sector’s former stars.

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Bias Distribution

  • 50% of the sources lean Left, 50% of the sources are Center
50% Center
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Bloomberg broke the news in United States on Thursday, May 8, 2025.
Sources are mostly out of (0)

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