Louis Vuitton stays in France as Chinese demand soars | Business| Economy and finance news from a German perspective | DW | 09.09.2019
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Business

Louis Vuitton stays in France as Chinese demand soars

Luxury-goods maker Louis Vuitton is cashing in on a surge in demand from China. But it's not planning on moving manufacturing there to be closer to its customer or cut costs. Its chief executive says Asian shoppers are not interested in products made in that part of the world. That's one reason why the fashion house has opened a new factory in the French countryside.

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