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Business 26 Sep 2013 | 6:54 AM

With unemployment high France forces stores to close ear

The French like to refer to the Champs Elysées in Paris as "the most beautiful avenue in the world," and 300,000 people stroll up and down it every day to see for themselves, many of them tourists looking to shop. No surprise, then, to find that retailers from Nike to LVMH are willing to pay premium rents for space on the avenue, which runs in a straight line from the Place de la Concorde up to the triumphal arch at Etoile.