Luxury firms starting to go it alone in China and Middle East

Hugo Boss joins a list of luxury firms which have bought out retail partners in order to plant their own flag in China and the Middle East.

The German retailer will control its store network in China and Macau for the first time.

Swatch (SWGAY), Burberry (BURBY), and Prada are other high-end sellers which have made a similar move.

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