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High-end brands spy opportunity in Asia's emerging markets
Jan 17, 2011
Tessa Thorniley

High-end brands spy opportunity in Asia's emerging markets

When Louis Vuitton chief executive Yves Carcelle cut the ribbon on the luxury group’s first store in Mongolia last October, he said he had noticed many Vuitton bags “on the arms of elegant women” in trendy Mongolian nightspots.

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