Advertisement
Canada markets close in 3 hours 17 minutes
  • S&P/TSX

    22,037.67
    +165.71 (+0.76%)
     
  • S&P 500

    5,069.63
    +59.03 (+1.18%)
     
  • DOW

    38,495.04
    +255.06 (+0.67%)
     
  • CAD/USD

    0.7316
    +0.0015 (+0.21%)
     
  • CRUDE OIL

    83.00
    +1.10 (+1.34%)
     
  • Bitcoin CAD

    91,093.80
    +795.91 (+0.88%)
     
  • CMC Crypto 200

    1,434.93
    +20.17 (+1.43%)
     
  • GOLD FUTURES

    2,340.20
    -6.20 (-0.26%)
     
  • RUSSELL 2000

    2,001.90
    +34.43 (+1.75%)
     
  • 10-Yr Bond

    4.5820
    -0.0410 (-0.89%)
     
  • NASDAQ

    15,687.70
    +236.39 (+1.53%)
     
  • VOLATILITY

    16.30
    -0.64 (-3.78%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • CAD/EUR

    0.6836
    -0.0014 (-0.20%)
     

Shang Xia, the Hermes brand born in China, opens in Paris

Shang Xia, a Chinese brand backed by French luxury goods group Hermes, has opened its first shop outside its home market. The Paris shop will test demand among non-Chinese customers for its handcrafted products. Shang Xia, which aims to revive Chinese crafts that were nearly destroyed by China's Cultural Revolution, including ancient styles of porcelain, cashmere felt and furniture, is part of a new generation of Chinese brands elbowing their way into the crowed European luxury goods market.