Comité Colbert in China, Denim’s bubble bursts, Saks discounts online, Luxottica optimistic, Entrepreneurs forge on

Chinese Luxury Shoppers | Source: Businessweek

French luxury preens on website in China (AFP) “France’s creme de la creme luxury firms, hit by a drop in sales on traditional markets, on Thursday launched a China charm offensive, with a 3D website that gives a peek at the best France has to offer.” Preshrunk Prices (NY Times) “The $300 pair of designer jeans is now, courtesy of the recession, the $200 pair of designer jeans… Like any commodity that

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