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Balenciaga goods are going for 40% off in China as luxury brands conduct ‘the equivalent of hosting a public sale on Fifth Avenue' [Fortune]

Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share  (BABA) 
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PDF Starting this month, Chinese shoppers can snap up a small beige, crocodile-patterned version of Balenciaga's iconic Hourglass handbag for $1,947, or 35% off on the main [Read more]