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LVMH Reduces Hong Kong Presence, Scales Up Footprint In Mainland China

LVMH has moved some of its brands’ regional headquarters from Hong Kong to Shanghai to better cater to mainland shoppers. Will more luxury groups follow suit?

LVMH Reduces Hong Kong Presence, Scales Up Footprint In Mainland China
LVMH has moved some of its brands’ regional headquarters from Hong Kong to Shanghai to better cater to mainland shoppers. Will more luxury groups follow suit? Photo: Courtesy of Louis Vuitton

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