Giuliano Iannaccone was interviewed on CCTV America for Karina Huber's segment, "Chinese Yuan Devaluation Leads to Lower Prices for US Consumers." The segment explains U.S. consumers may soon see reduced product prices due to the devaluation of the Yuan and resulting lower manufacturing costs. Giuliano discusses U.S. retailers' renegotiation of contracts in China to achieve sourcing at lower costs and share in the benefit of the devaluation. He provides his insights on favorable adjustment agreements to ensure stable relationships with retailers in the future. To see the full clip, please click here.
|Iannaccone, Giuliano Partner and Chair of International and Retail Groups and Co-Chair of Italy Practice||Partner and Chair of International and Retail Groups and Co-Chair of Italy Practice||212.216.1110|