5 Issues with China's GrowthIn Addition!
For those eyeing to buy European branded goods, there is another good news besides the lower transport costs: Prada creating more mid-price ranged products for sale!
Prada is reducing its product price in order to regain its market share and profitability after overpricing its product and over-expanding to Asia markets.
Prada announced on Monday (18/4/16) that they will make more products priced below €1,400 (SGD 2,130).
Prada will also get on social media and offer more of its products online.
Those who wishes to buy Prada goods can start saving up for the chance to splurge on once prices starts to look reasonable!
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