Retail in Asia

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With its latest store in Japan, Prada reaches record number of new openings

With the opening of its latest mono-brand store in Japan, last week, within the Matsuzakaya Mall in the city of Nagoya, Italian luxury house of Prada reached a record of 20 new directly operated stores in two months (under the PRADA brand), becoming not only the fastest growing luxury brand worldwide but also surpassing expansion rate by rival Louis Vuitton in 2007.

(Source: cpp-luxury.com)