Louis Vuitton to expand into Lebanon

Louis Vuitton, the French fashion brand, has announced it is in the 'final stages' of a planned expansion into Lebanon. 'The next market where there are opportunities is clearly Lebanon, which has been resilient to the crisis and has already shown to be a strong market for luxury,' Damien Vernet, the company's general manager for Middle East and India operations told Reuters. The brand is also looking into Egypt, Jordan and Syria as possible markets, he added.