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Asia

Louis Vuitton shuts down another store amid fallout from trademark dispute in China

Business - South China Morning Post · 1h ago · 🇨🇳 China

Louis Vuitton shuts down another store amid fallout from trademark dispute in China

Louis Vuitton will close its only store in Guiyang on August 31, according to an on-site notice, further trimming the French luxury brand’s southwestern China footprint, which has fallen to three stores from a peak of six. The closure in the capital of Guizhou province is part of the brand’s plan to optimise retail network as it recalibrates strategy in the world’s second-largest consumer market amid soft domestic spending and shifting luxury consumption trends. It coincides with a string of...

Read the full story at Business - South China Morning Post →

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