Louis Vuitton Cancels Tokyo Flagship Store

by Upscale Swagger on December 20, 2008

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Louis Vuitton has canceled its plans for a flagship store in Tokyo’s Ginza shopping district due to the economic slow down. The store was originally planned for completion in 2010. According to a luxury study by Bain & Co., Japan’s luxury market, which is 12 percent of the global total, is already in a luxury goods recession and is expected to decline by 7 percent this year, vs. a 2 percent decline in 2007.

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{ 5 comments… read them below or add one }

Louis vuitton December 22, 2008 at 4:01 am

economy crisis hurt the market so much

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christian louboutin May 5, 2009 at 3:10 am

very cool
i like it!

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christian louboutin May 5, 2009 at 3:11 am

do you like it?

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Replica Designer Handbags June 14, 2009 at 3:07 am

Is there Louis Vuitton flagship store in China,and in which city?

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xiaozsq October 12, 2009 at 4:25 am

your article is so nice, so i want to intoduce some christian loubloutin to give you,wait for you!!

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