By and  on March 8, 2010

PARIS — Last Tuesday morning, Sephora invited shoppers in Hong Kong to use up their VIP points in a 70 percent-off clearance sale. The LVMH Moët Hennessy Louis Vuitton-owned perfumery chain said it would be shuttering its store in the city at the end of this month.

This story first appeared in the March 8, 2010 issue of WWD. Subscribe Today.

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