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Louis Vuitton Reportedly Shutting Hong Kong Store as Unrest Unravels Local Economy

Rivet’s 2021 winter issue has dropped! This in-depth issue examines the steps the global denim industry is taking to minimize its impact on the environment, from implementing zero waste production and design processes to establishing greenhouse gas emissions goals aligned with the Paris Agreement.

Ongoing social unrest has decimated Hong Kong’s economy, plunging the Chinese territory into a recession and rattling the luxury brands that operate stores in the city of more than 7 million. Data shows that Hong Kong slid into a recession in the third quarter of 2019, its first in a decade. The social unrest reared first…

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