Mongolia, the next Qatar? Luxury retailers look for untapped markets in the economic recession
Thursday, November 5th, 2009
When I heard that Louis Vuitton was opening a store in Mongolia’s capital, Ulaanbaatar, last month I was completely intrigued by this unexpected announcement. So I decided to research and came across some interesting information that has shed light not only onto Louis Vuitton’s decision but the luxury market as a whole.
Tags: Louis Vuitton, luxury, Mongolia, recession, Retail
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