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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":"79492e3210c8c8aac823496a78227993","s":"3831c75e918cc1e2"}