Almost thirteen years to the day after Louis Vuitton began selling its designer purses in its first shop in China, the company launched its 12th flagship store in the capital city of Beijing.louis vuitton outlets Many feel the store is one of the very few places in the country where consumers can be sure they're getting authentic designer purses, on account of the Chinese market being notoriously flooded with fake designer purses. Fake designer purses outsell the genuine items in China at a staggering ratio of more than 20:1. Many believe that the dominance of fake purses on the Chinese market is one of the central motivational factors for Louis Vuitton opening a flagship store in the Chinese Capital. Anyone worried about mistakenly purchasing fake purses will have an outlet where they can receive guaranteed authentic merchandise.
Another popular theory is that Louis Vuitton opened the Beijing flagship store in an effort to help its merchandise keep pace with other luxury retailers that have been aggressively expanding the clothing, jewelry and automobile industries across the Asian markets. Companies have had great success catering to the Chinese elite, who are spending record amounts thanks to 20 years of economic reform in the country.The massive luxury boutique is 17,000 square-feet and stands 3 stories tall. As predicted by Louis Vuitton management at the time of its launch, the shop was instantly profitable upon opening, and has remained so ever since. In addition to the brand's luxury designer purses, the shop will sell all sorts of merchandise, ranging in price from a $360 dollar woman's coin purse to a $200,000 dollar gold watch that is made-to-order.louis vuitton handbags
Louis Vuitton donated a significant portion of the first-day sales from the Beijing flagship store to last year's Special Olympics World Summer Games, which were held in the city of Shanghai. Chinese film director Zhang Yimouand and Olympic hurdle runner Liu Xiang attended the gala opening at the invitation of Louis Vuitton, chosen as figures in the Chinese community who represent the spirit of personal development and innovation. Zhang donated the funds to the 2007 Special Olympics World Games on behalf of Louis Vuitton, with Liu Xiang and Special Olympians Jia Sirui and Judy Yang on hand to receive the donation as representatives of the Special Olympics. Thanks to the generosity of companies such as Louis Vuitton, the Special Olympics were able to raise more funds than they ever have, and the games were considered a complete success.It's still too soon to say whether the Beijing store will affect the ratio of designer purses to fake designer purses being sold on the Chinese market, but the store is undoubtedly turning a profit, and a healthy one at that.discount louis vuitton handbags It seems unreasonable to expect the shop to significantly curb the sale of fake purses in the country, since replicas don't necessarily appeal to the same market that wants to pay full price for authentic Louis Vuitton merchandise.
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