Cardin takeover poses challenges for Chinese firms
By Li Jiabao and Elgin Toh | China Daily | Updated: 2009-07-02 08:04
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French designer Pierre Cardin along with children at the Tian'anmen Square in Beijing in this file photo. Chinese firms have evinced interest in taking over the luxury brand. Wang Yao |
The ongoing attempt by Chinese companies to take over the licenses of the world-renowned Pierre Cardin brand is a sign of the growing strength of Chinese apparel firms, say analysts.
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