The International Brands Management Center, under the management of the China Association of International Trade, signed an agreement with the Mangrove Tree Resort World Sanya Bay on August 20 to open a fair-price luxury trade center, the first of its kind in China, at the resort.

The fair-price luxury trade center will be opened to the public on September 30th, and is a pioneering effort bringing high-end international commodities and multilateral trade opportunities to Hainan and the domestic market at large.

The trade center will introduce one-on-one purchasing negotiation channels, which means that the consumers can buy the high quality products at the retail prices of the global luxury market.

The first batch of international luxury brands introduced at the center include Bally, Balenciaga, Bottega Veneta, Burberry, Chanel, Celine, Dior, Dolce & Gabbana, Ermenegildo Zegna, Fendi, Gucci, Giorgio Armani, Lanvin, Miumiu, Prada, Tod’s, Valentino and Yves Saint Laurent.

The luxury trade center will mainly target the middle and high-end luxury market.
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