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Designers Crunched by Credit
Tokyo Ginza Louis Vuitton Flagship Store In Tatters

By: Going Like Sixty (Superstar) Dec 17, 08

A flagship store for Louis Vuitton in Tokyo’s Ginza shopping district has fallen victim to the world wide credit crisis. LVMH, the luxury goods group, has stopped talking about opening a store that has been planned for two years. Rumors about the store suggested a 10-floor luxury shopping gallery with a restaurant to rival the new Armani and Bulgari towers that opened in the Ginza district.

Source: reuters

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