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China is still the market the big luxury groups want to capture

In 15th April, LVMH Group released its first quarter results of 2013, the performance of its jewellery and watch division, that had done a great job in 2012 with a 141% increase in sales, now reported a 1% decrease in that reporting period. LVMH explained that this was caused by the prudent purchase of multi brand retailers. ……
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