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Big Luxury Frets That China Is Turning Japanese

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Even LVMH Moet Hennessy Louis Vuitton SE, the world’s most resilient luxury conglomerate, is feeling the chill. And as so often, the wind is blowing from the East. The Paris-headquartered owner of Louis Vuitton and Dior reported a 1% increase in sales in the second quarter which, except for the…

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