Main players adapt to slowing sales

Updated: 2013-04-12 09:30

By Wang Wen (China Daily)

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Import tariffs used to be thought as the main reason for the price difference, but import tariffs are only a scapegoat, some experts say.

The brands themselves insist that logistics costs and other expenses in China mean label prices have to be higher.

Francois Henri Pinault, the chief executive officer of Kering, said the cost of shipping products from Switzerland to China was partly to blame.


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