Vuitton to open stores in Zhengzhou

02/02/2011
Luxury brand Louis Vuitton is reported to be planning new stores in Zhengzhou, capital of Henan province in China.

The China Leather Industry Association (CLIA) has said that the levels of wealth in the city are what attracted the brand. The province has a population of 100 million and reports suggest that if even 1% of them have an interest in luxury goods, it will represent a good target market. The CLIA also pointed out that Henan is twelfth in China’s renminbi billionaire league.