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The Chinese FMCG market online has shown “astonishing growth” according to a report by global consulting firm OC&C Strategy Consultants. In 2010, the market was worth just US$1.4 billion – today it has exceeded $25.3 billion according to data from…
Burberry prices are too high in China and Hong Kong and the brand must make cuts if it wants to arrest falling sales in the region says a retail analyst. Last week the UK-headquartered luxury fashion label reported its second consecutive drop in earnings,…
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