Here’s who is going on with discounts and promotions in China

For some brands, discounts and promotions are becoming a factor in the luxury goods trade in China. Especially online, as the various e-tailers try to counteract the drop in proceeds by reducing prices. Burberry, Versace, Marc Jacobs, Bottega Veneta and Jil Sander are among the brands using the leverage of discounts and promotions to move…