Chanel increased prices of its high-end products in China in September, amid a slowdown in demand for luxury goods worldwide after the post-pandemic boom years.
Watch Bloomberg Markets: China Open 09/18/2023 - Bloomberg
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Chanel raises prices of high-end products in China and Asia amid
China’s inflation eased in January as food and energy prices weakened, providing Beijing with more leeway to shore up a slowing economy ahead of a key political leadership meeting later this year.
China's Inflation Slows, Giving Central Bank Room to Ease - Bloomberg
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