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Article: Louis Vuitton Opens Beijing Flagship Store
- Article from:
- AP Online
- Article date:
- November 18, 2005
- Author:
CopyrightThis material is published under license from the Associated Press. All inquiries regarding rights should be directed to the Associated Press. (Hide copyright information)
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JOE McDONALD, Associated Press Writer
AP Online
11-18-2005
Dateline: BEIJING
French luxury goods maker Louis Vuitton opened a flagship store in Beijing on Friday, expressing confidence in its ability to attract China's new rich despite rampant piracy of its shoes, bags and other products.
The three-level, 17,000-square-foot shop in a mall attached to a luxury Beijing hotel sells goods ranging from a 3,000 yuan (US$360) woman's coin purse to a 1.6 million yuan ($200,000) made-to-order gold watch. It is the 12th and largest opened by Louis Vuitton in China since its first mainland shop in 1992.
The opening comes amid aggressive expansion by foreign sellers of designer clothes, luxury cars and ...