Commerce
June 10, 2015
Value Retail promotional image
By Jen King
MONTE-CARLO, Monaco – According to a panelist at Financial Times’ Business of Luxury Summit June 9, brands entering or maintaining a retail presence in China should know two words: Shenzhen and diagou.
{"ct":"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","iv":"7a5d93c86c78690913f59673da4454b7","s":"bc98cfc61ef69656"}
Share your thoughts. Click here