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Louis Vuitton China sales plunge 30% after Molly Tea trademark win

Verifying
  • Louis Vuitton won a trademark case against Chinese tea chain Molly Tea.
  • 10.3 million yuan in damages was awarded over Molly Tea’s four-petal flower logo.
  • Louis Vuitton’s China sales fell about 30% in July and 20–25% in August.
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