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第一，无底线的区域加密。很多品牌一旦走红，面对大量加盟需求，为了融资、上市，盲目放开加盟，从10家店快速扩张到100家店，最终导致门店间相互分流。
LVMH has made a key leadership change at its China unit, as the world's largest luxury group adjusts its structure in a softer market.