For U.S. companies looking to enter the Chinese consumer market, it would probably be a good idea to use Hong Kong as their gateway.
That’s because Hong Kong’s distinctive geopolitical standing as a Special Administrative Region of China — operating under a “one country, two systems” relationship with the mainland that lets it retain a vibrant free-enterprise environment — and a city-state with a history as a global center of commerce and trade puts it and the companies based there in the position to use their expertise to help brands looking to cultivate the burgeoning Chinese market.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)