French leather goods maker Moynat, owned by LVMH, will test the Chinese market by opening three micro-galleries in Greater China next year. The French company, which is celebrating its 165th anniversary, plans to move further upscale as it expands internationally according to WWD.
The planned galleries in China will each be smaller than 400 square feet and will showcase a select collection of the company’s most expensive items, including a mini crocodile Réjane handbag with a diamond-pavéd clasp with a selling price of $124, 300. The company’s full collections will only be available at their original Paris boutique and London flagship for the time being. The first gallery will open in Hong Kong’s Landmark mall on January 8th, followed in February by one in Harbour City and another in Macau in April.
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