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Prada ponders outsourcing to China

By Adam Jones in Shanghai

Published: May 20 2005 03:00 | Last updated: May 20 2005 03:00

Prada, one of the world's leading fashion houses, could move production of some less exclusive products out of its native Italy to cheaper factories abroad in countries such as China.

Patrizio Bertelli, chairman and chief executive, revealed at the first Financial Times Business of Luxury summit that Prada was in the early stages of evaluating the benefits of partial outsourcing - still a taboo for some in the luxury goods industry.

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