LUXURY SAFARI: Louis Vuitton has journeyed to South Africa for the opening of its first sub-Saharan boutique. The 2,600-square-foot unit bowed Thursday in the Sandton City Shopping Center in Johannesburg, bringing the number of Vuitton stores worldwide to 335 and the number of countries in which the French brand operates to 51. Vuitton said the South African market is attractive not only for its growing economy and cultural diversity, but for the importance of travel in its history and culture. To wit: The store will sell trunks and luggage, in addition to handbags, men’s and women’s shoes, watches and select pieces of fine jewelry.
LIZ’S RESOLUTION: Liz Claiborne Inc. has resolved its trademark violation suit against Dallas-based closeout retailer Tuesday Morning Corp., the firms said Thursday, declining to provide further information. Claiborne filed the suit in U.S. District Court in Dallas in April, accusing Tuesday Morning and some of its suppliers of the manufacture, distribution and sale of fake Monet-branded jewelry over a period of almost two years. In July, Claiborne reached settlements with Division Sales Inc., Consumer Product Recovery and Form Systems, which were also named in the suit. Claiborne acquired Monet out of bankruptcy in 2000.