wenjun distillery
What Richemont’s Divorce from Shanghai Tang Reveals About These Western-Owned Chinese Luxury Labels
The sale of Shanghai Tang by Richemont has implications for similar Chinese luxury brands owned by Western companies such as Hermes's Shang Xia. Read MoreLVMH Acquires Chinese Traditional Spirits Distillery: Could Westerners Be Sipping Baijiu In Coming Years?
Although most westerners may be unfamiliar with baijiu, the traditional spirit of China, drinkers within the country have been sipping the powerful, often tear-inducing alcohol for centuries. Less famous abroad… Read More