Despite the drop in the number of US and European investments in China, Elizabeth Broomhall reports that the country’s taste for luxury means law firms are still confident about inbound deal prospects – something they say is crucial as competition heats up for outbound M&A mandates
British fashion retailer Whistles said recently it was launching in China and Hong Kong for the first time. Noticing increased demand for online products from Chinese consumers and higher sales to Chinese and Hong Kong buyers at its Harrods and Printemps concessions, the clothing brand, like many others before it, saw a golden opportunity to bolster global revenues.
