International luxury brand Louis Vuitton officially confirmed that the company will close two stores located in Shanghai and Shanxi, respectively, by the end of March 2016.
Has the bubble of Chinese buying copious amounts of luxury goods popped?
The French luxury brand Louis Vuitton has opened a new flagship store in the Dalian Times Square in Liaoning province.
According to Zhejiang Administration for Industry and Commerce, Louis Vuitton Hangzhou specialty store was found selling unqualified products in a routine quality spot check.
Luxury brand Louis Vuitton will open a new shop in Tower Department Store, Suzhou.