Retail Asia11/12/2020
1min0
The Italian dynasty’s holding fund, Exor, will invest around €80 million ($96.5 million) to become the majority owner of the luxury Chinese brand established by Hermès and designer Jiang Qiong Er a decade ago. The Parisian luxury house, which previously owned 90 percent of the brand, will remain a shareholder alongside Exor and Jiang. Shang […]