Seeking Alpha

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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