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French luxury brand Chanel has decided to pull out of duty free shops in Busan and Jeju in late March, signaling another blow to local duty free retailers who have also lost Louis Vuitton and Rolex. Chanel has informed the retailers that they will close boutiques at the Lotte duty free store in Busan and the Shilla duty free store in Jeju, the only downtown duty free shops outside Seoul that had Chanel. Louis Vuit
Chanel joins Louis Vuitton in leaving duty free shops in Korea
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