Almaz Holding to open jewellery stores in China

Almaz Holding, Russia’s third largest jewellery retailer, is  to open its first jewellery stories in China next year. While experts are warning of the difficulties presented by high tariffs and strong  local competition, CEO Flun Gumerov this week said that he had been pledged support by the Governor of Shandong Province Guo Hutsinem. Gazeta