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Prada, Neiman Marcus, Anya Hindmarch and China – News briefs

 

Today in luxury marketing:

Prada CEO explains why department stores can't have nice things
As one might expect, the chief executive officer of Prada, Patrizio Bertelli has a somewhat snobby take on United States department stores: They’re too low-rent, what with never-ending discounts, per Business Week.