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Italy's Moncler warns of plunge in Chinese shopping

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MILAN (Reuters) - Shopper numbers at Moncler stores in China have plunged 80% since the country's coronavirus outbreak, the Italian luxury puffer jacket maker said on Monday, joining other high-end brands in warning of a big hit from the epidemic. Moncler executives told analysts that sales in other Asian markets were also being affected due to a fall in the number of Chinese tourists. "The..
Date Published: Feb 10, 2020
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