File photo of a woman shopping in a Louis Vuitton store in downtown Shanghai

A woman shops in a Louis Vuitton store during Vogue’s 4th Fashion’s Night Out: Shopping Night with Celebrities in downtown Shanghai in this September 7, 2012 file photograph. Wealthy Chinese are likely to buy fewer luxury goods again this year after the steepest cut-back on spending in three years. Overall spending by wealthy Chinese fell by 15 percent and gift-giving fell by a quarter in 2013, the third consecutive year of decline, according to a survey by the Hurun Report. REUTERS/Carlos Barria/Files (CHINA – Tags: FASHION BUSINESS SOCIETY WEALTH)

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