Louis Vuitton, Fendi stores in upscale Hong Kong mall Times Square close, months after rift with LVMH over rent reduction

//Louis Vuitton, Fendi stores in upscale Hong Kong mall Times Square close, months after rift with LVMH over rent reduction

Louis Vuitton, Fendi stores in upscale Hong Kong mall Times Square close, months after rift with LVMH over rent reduction

The Louis Vuitton and Fendi luxury fashion stores in Hong Kong’s Times Square have shut, months after a reported rift over store rents between owner LVMH and Wharf Real Estate Investment Corporation (Wharf Reic), operator of the upscale mall in the prime retail district of Causeway Bay. A spokesperson for Louis Vuitton confirmed that its Times Square store has closed, and said all staff had been reassigned to other Louis Vuitton stores in Hong Kong.Fendi also confirmed that its Times Square…

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By | 2021-03-01T04:42:44+00:00 March 1st, 2021|Business|Comments Off on Louis Vuitton, Fendi stores in upscale Hong Kong mall Times Square close, months after rift with LVMH over rent reduction