Luxury companies could end the arbitrage with the stroke of a pen by charging the same price everywhere, but this would cause fresh complications. Cutting prices in China would dent profits and ...
Despite numerous offers from pen manufacturers to expand their selection, the company has stuck to its old-school roots. “We can’t be the best at fountain pens if we’re spread all over the ...
Europe's luxury brands are facing challenges amid a tough global economy and China's economic downturn. Major companies like Kering, Burberry, and Hugo Boss have issued profit warnings.