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":"31d537a3161b78d3d68af5dee9eca07a","s":"45c0b7c2a4902ad7"}
Share your thoughts. Click here