By  on March 25, 2013

SHANGHAI — China’s luxury market is in reboot mode.

Major players, including PPR, LVMH Moët Hennessy Louis Vuitton and Compagnie Financière Richemont have all signalled a rethinking of their strategies in Mainland China, cutting back on store openings in far-flung locales in order to focus on improving their offerings within the cities they already serve.

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