Louis Vuitton’s owner seems surprised at how quickly Chinese consumers have closed their wallets and abandoned its brands. It ...

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Fifty years after its inception, Westfarms has more than doubled its retail offerings. “Over the past 50 years, Westfarms has ...

Louis Vuitton’s fully controlled distribution allows it to avoid discounting its products, which boosts profitability (operating margins well over 40%) and helps maintain the value perception.

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Sluggish sales especially from China and Japan is suspected to be the culprit. LVMH cited a 14% decline in sales in the ...