P.M. BRIEFING : Cardin to Scout China Situation
French fashion king Pierre Cardin will visit Beijing next month to decide whether to reopen his Maxim’s restaurant, shut down during pro-democracy protests in June, a company spokesman said today.
Cardin will also discuss the future of his fashion business with Chinese authorities during a two-day visit starting Oct. 2, the spokesman added.
He gave no figures for the investments involved. Cardin had planned to have 4,000 outlets in China by 1990 selling his China-made ready-to-wear clothes.
The Beijing Maxim’s, a reconstruction of the luxurious original in Paris, was closed and its French staff repatriated in June. Cardin had opened it in 1983.
The head of the rival Yves Saint-Laurent fashion house, Pierre Berge, announced in June that he was dropping plans to invest in China because he did not want “money stained in blood.” He also donated a Paris building to Chinese dissidents working to revive the pro-democracy movement.
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