Cathay Capital announced the launch of a fund in partnership with Kering, L’Oréal and Pernod Ricard. Will luxury be taking the Chinese investment market seriously in 2022? Image credit: Chen Peng What’s holding luxury back from investing in China?
Posted Bya Luxury Daily columnistOn In Featured,Financial services,Industry sectors | No Comments
Cathay Capital announced the launch of a fund in partnership with Kering, L’Oréal and Pernod Ricard. Will luxury be taking the Chinese investment market seriously in 2022? Image credit: Chen Peng 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","iv":"2a225aab14b2fc908cc2575b7cd425d4","s":"decedfa951216906"}