You keep seeing these “Valentino” bags at off-price outlets, Saks Off 5th, Nordstrom Rack, LastCall by Neiman Marcus or Century 21. They bear the Valentino logo and retail for (actually, you never see them selling at retail) somewhere around 60%-70% off $1,000. Then when you look closer, you start to notice “Mario Valentino” somewhat fine printed at the bottom of a tag or in the interior plaque which states “Products Made in Italy by Yarch Capital under license of Mario Valentino S.p.A.”.

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