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Ferragamo raises prices in Europe to level playing field with China

18/01/2013

High-end Italian shoemaker Salvatore Ferragamo is to increase prices across Europe to counter the trend of Asians buying goods there at lower rates than in their home countries. The Financial Times reported that the increases will be in the “low single digits”, following luxury group LVMH’s recent announcement that it will be putting prices up in ...

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