South China Morning Post: That Mulberry Iris handbag Is Now 18 Per Cent Cheaper In China
May 7, 2020
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Mulberry streamlines global prices with focus on Asian consumers and online push, while global tourism suffers. “Our research shows that demand for luxury remains high” after the Covid-19 outbreak, said Jacques Penhirin, a partner at management consultancy Oliver Wyman. “The appeal of store experience remains high, and stores should be able to recapture part of the lost ground within a couple of months.”
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