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Malls Are Betting You Still Want That Gucci Bag—at a Discount
ELMONT, N.Y.—At Belmont Park Village, a new outdoor luxury outlet mall on Long Island, shoppers bundled up against the cold one recent evening to search for bargains on designer shoes and clothing.
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Gucci, Prada close more China outlets as consumers cut luxury spending
French luxury group Kering closed two Gucci stores in Shanghai last month – in Réel Department Store near the landmark Jing’an Temple and New World Daimaru on the city’s busiest shopping st ...