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Why Chinese shoppers are choosing local luxury over LVMH and Gucci

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When Bernard Arnault, one of the world’s richest men and chairman of LVMH, dropped by Shanghai in September, many assumed his itinerary would be routine: check in on Louis Vuitton, Dior, and the rest of his empire’s boutiques in China’s most prestigious malls. But instead, Arnault did something unexpected. He…

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Click here to read the full story: The Japan Times

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