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LVMH, Audi, Carolina Herrera and Prada – News briefs

 

Today in luxury marketing:

LVMH sales rise but patterns in China shift
Chinese consumers are snapping up Louis Vuitton handbags—but they are increasingly buying them abroad, where prices are lower, not at home, raising concerns that the luxury-goods industry is headed for a slowdown in its biggest growth market, according to WSJ.

Click here to read the entire story on WSJ