On March 12, the company announced that it will buy Beijing Secular Bird Culture and Art Development Center, a music production and offline music distribution record label in China.

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My wife, after some searching, did find one garment label made in China.

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"I'll get there, " she says, recalling that when she first came back to open a Hong Kong store with her label in 1993, salespeople told her to take the "Made in China" label off the clothes.

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Meng Jin Hui is a manager at Modern Sky, China's largest independent record label.

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High-end fashion label Hugo Boss plans to open about 60 new stores in China's mainland over the next three years, just as growth in the country's luxury sector seems to be cooling off.

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Nondesigner chic has its limits, however, particularly in places like China where new money likes a fancy name on a label.

WSJ: A Homegrown Fashion Mogul

Companies expanding in China often poach employees from other businesses, which has been a problem for closely held Ermenegildo Zegna Holditalia SpA. The Italian fashion label was one of the first luxury companies to set up shop in China, in 1991.

WSJ: China's Fickle Talent Pool