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What Richemont’s divorce from Shanghai Tang reveals about these Western-owned Chinese luxury labels
Posted By
a Luxury Daily columnist
On
July 10, 2017 @ 2:00 am
In Apparel and accessories,Editor's Choice,Featured,Industry sectors |
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Screengrab from Hermès' Chinese brand Shang Xia's Web site
By
Yiling Pan
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","iv":"a9900fd823d1c69266c4e2a84408eeed","s":"4bb9dd5e2b46cf1e"}