Louis Vuitton, the world's biggest luxury goods brand by sales, is preparing to shut one of its shops in Hong Kong, where protests have hit demand as high rental costs bite.
French luxury bag retailer Louis Vuitton plans to close a store in Hong Kong’s Causeway Bay shopping area due to slumping sales and high rental prices, media said on Friday. The decision to shut the Times Square mall store — one of the eight branches in town — was made after the brand failed to negotiate down the monthly rent of $643,000 ...
Jan 04, 2020 · Louis louis vuitton closing in hong kong Vuitton is preparing to shut one of its shops in Hong Kong where protests have hit demand as high rental costs bite. Photo: Bobby Yip/Reuters WATCH: Louis Vuitton to close Hong Kong …
PARIS/HONG KONG (Reuters) - Louis Vuitton, the world's biggest luxury goods brand by louis vuitton closing in hong kong sales, is preparing to shut one of its shops in Hong Kong where protests have hit demand as high rental costs bite, the South China Morning Post newspaper reported on Friday. The company says on its website it has eight shops in Hong Kong. Wharf Holdings, the shopping center's owner and Vuitton did not ...
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