China to Place Consumption Tax on More Luxury Goods

Beijing's Sanlitun Shopping Centre | Source: Shutterstock

BEIJING, China — China will widen the scope of its consumption tax to include more luxury goods, the official Xinhua News Agency reported, a sign that some high-end brands may become more expensive for purchasers on the mainland.

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Chinese Malls Waive Rents as Vacancies of 30 Percent Loom

TaiKoo Hui Mall, Guangzhou, China | Source: Shutterstock

BEIJING, China —Chinese landlords are forgoing rent and paying to outfit stores for mass-market fashion brands including Zara and H&M, a bid to blunt the impact of a boom in shopping-mall construction that threatens to push up vacancies.

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Photo Diary | Milan Men’s Fashion Week, Day 3: Diesel, Emporio Armani, Gucci, Etro, Canali, Fendi

Emporio Armani Spring/Summer 2014 | Photo: Sonny Vandevelde

MILAN, Italy — As Milan Men's Fashion Week continues, our trusty contributing photographer Sonny Vandevelde provides us with behind-the-scenes photos from the Diesel, Emporio Armani, Gucci, Etro, Canali and Fendi shows.

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