Tag: judith-milgrom
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Chinese firms snap up chunk of French fashion industry
French ready-to-wear fashion labels Sandro, Maje and Claudie Pierlot will be taken over by China's Shandong Ruyi Technology Group under the terms of an exclusivity agreement announced late Thursday. Hot on the heels of the announcement, French lacemaker Desseilles said Friday it is to be acquired by Chinese firm Yongsheng, in another sign of the…