--Luxury brand Louis Vuitton plans to shut one of its stores in Hong Kong and is temporarily reassigning local sales employees to China, the South China Morning Post reports, citing unnamed sources, as the city's long-running protests keep hitting retailers.

--According to the SCMP, LVMH asked Wharf REIC to lower the rent of the space where the store is located, but the property owner refused.

Full story: bit.ly/35mTpFs

Write to Singapore editors at singaporeeditors@dowjones.com

(END) Dow Jones Newswires

January 03, 2020 03:26 ET (08:26 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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