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Louis Vuitton, Gucci Lose Shine With Chinese

Chinese shoppers are increasingly favoring lesser-known luxury brands like Givenchy and Coach over labels like Gucci and Louis Vuitton that have been in the country for years. HSBC’s Erwan Rambourg tells Wei Gu how Chinese shoppers’ rising sophistication is creating winners and losers in the luxury space. Copyright 2013, Dow Jones & Company, Inc.

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