Louis Vuitton’s store in Shanghai. The French luxury retailer has closed outlets in Harbin, Urumqi and now Guangzhou, while opening a new one in Hangzhuo. Photo: Bloomberg.

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Louis Vuitton’s store in Shanghai. The French luxury retailer has closed outlets in Harbin, Urumqi and now Guangzhou, while opening a new one in Hangzhuo. Photo: Bloomberg.
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