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Article: LOUIS VUITTON TO OPEN 3 NEW STORES IN CHINA.
- Article from:
- AsiaPulse News
- Article date:
- May 15, 2006
CopyrightCOPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, May 15 Asia Pulse - The world's leading luxury brand, Louis Vuitton Malletier, will open three new stores in China this year, company officials said in Beijing recently.
"The stores will be located in Chengdu, Wenzhou and Shenyang. Wenzhou and Shenyang are new cities for us," said Christopher Zanardi-Landi, chief executive officer of Louis Vuitton China.
He told China Daily that the firm plans to expand to an average of two new cities each year in the country.
The company has seen big increases both in the nation's buying power and the number of people who can afford to buy its products. Its Chinese customers have already become the ...