Business / Companies

Gucci launches 50% discount in China

(chinadaily.com.cn) Updated: 2015-05-30 15:27
Gucci launches 50% discount in China

Customers wait outside the Gucci Store at Hangzhou Tower Shopping City to enjoy Gucci's 50% discount in Hangzhou city, East China's Zhejiang province, May 27, 2015. [Photo/CFP]

Gucci's big sale comes after China announced a cut on the consumer goods import tax on May 25. And another luxury brand, Chanel, slashed its prices by 20 percent in March.

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