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French handbag maker Longchamp sees more potential in China

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Longchamp, one of France's leading handbag makers, plans to increase its presence in China, its chief executive said, in sharp contrast to retrenchment by rivals and despite the economic slowdown and changing consumer culture there. Many leading luxury brands such as Kering's Gucci and LVMH's (LVMH.PA) Louis Vuitton have put…

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