Monday, October 12, 2009
Louis Vuitton plans international expansion
Louis Vuitton will open a store in Lebanon and one in Mongolia this year. Р’В
Speaking at the opening of its latest store in Dubai yesterday, Louis Vuitton chief executive Yves Carcelle said that the luxury label had not cut its investment in new stores in 2009 and has no plans to close any shops in the next 12 months.
He said: “Sometimes in our industry there is a tendency to follow your ego and sometimes open stores where you don't have the market, or stores too big for your
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