Hermès doesn’t expect its Chinese brand, Shang Xia, to break even until 2016, as the specialty line strives to build a following—an effort made that much harder by Beijing’s crackdown on lavish gift-giving among government officials.
via WSJ.com: US Business http://ift.tt/1FvHyE9
via WSJ.com: US Business http://ift.tt/1FvHyE9
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