A Mulberry store inside the IAPM Shopping Mall in the old French Concession in Shanghai. China is seen as the main source of growth opportunity for luxury retailers. Photo: Shutterstock Images

That Mulberry Iris handbag is now 18 per cent cheaper in China, with UK luxury retailer focusing on Asia while pandemic dents global tourism

  • UK luxury retailer streamlines global prices with focus on Asian consumers and online push, while global tourism suffers
  • The Mulberry Iris handbag in green will be 18 per cent cheaper in China than previous price tag
Topic |   Coronavirus pandemic
A Mulberry store inside the IAPM Shopping Mall in the old French Concession in Shanghai. China is seen as the main source of growth opportunity for luxury retailers. Photo: Shutterstock Images
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