Models on the catwalk during Shanghai Tang's 20th anniversary celebration in Shanghai presenting it's spring/summer 2015 collection

Richemont sells Shanghai Tang as China prefers foreign luxury

Richemont has sold Hong Kong-based dressmaker Shanghai Tang to

Italian fashion entrepreneur Alessandro Bastagli and Cassia Investments

Topic |   Luxury in China

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Models on the catwalk during Shanghai Tang's 20th anniversary celebration in Shanghai presenting it's spring/summer 2015 collection
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