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BEIJING, May 13 (Xinhua) -- The world's leading
luxury brand, Louis Vuitton Malletier, will open three new stores in China this
year, China Daily reported Saturday.
"We plan to expand to an average of two new cities
each year inChina, and the stores will be located in Chengdu, Wenzhou and
Shenyang," the newspaper quoted Christopher Zanardi-Landi, chief executive
officer of Louis Vuitton China.
Chinese customers of the company have become the
firm's third-largest consumer group in the world, after Japan and the United
States, Zanardi-Landi said during the re-opening ceremony of the company's
oldest store in China.
The store was first opened at Beijing's Peninsula
Palace Hotel in 1992. It has been refurbished twice over the past 14 years;
thestore's new look aims to provide a more luxurious and spacious shopping
experience for customers, with a greater range of products.
The company gave no sales figures, but Zanardi-Landi
said, "We have never lost any money in any store in China."
Zanardi-Landi also said the firm has put major effort
into fighting counterfeits. "We have zero tolerance to it (fakes), justlike all
other luxury brands. We are working closely with the authorities to tackle the
problem."
Late last month, the Shanghai Second Intermediate
People's Court handed down a preliminary ruling ordering a Shanghai outlet of
French retailer Carrefour to pay 300,000 yuan (37,500 US dollars) to Louis
Vuitton's parent company, Moet Hennessy Louis Vuitton, for selling fake Louis
Vuitton bags.
In another case, the Beijing No. 2 Intermediate
People's Court ruled that Chaowai Men's Department Store had violated the Louis
Vuitton trademark. The court awarded the French firm 150,000 yuan in its suit
against the store, which was selling fake Louis Vuitton handbags. Enditem
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