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":"9cc47eab9e0c4ccef701af7fc0617511","s":"cddaeb07cf3552a9"}
Share your thoughts. Click here