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Article: Louis Vuitton to open 3 new stores in China
- Article from:
- China Daily
- Article date:
- May 13, 2006
- Author:
CopyrightCopyright 2006 China Daily. Provided by ProQuest LLC. (Hide copyright information)
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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 firm's third-largest
consumer group in the world, after Japan and the United ...