Retail
August 9, 2018
Major luxury groups including LVMH are seeing positive earnings. Image credit: Louis Vuitton
By Brielle Jaekel
Luxury is having its long-awaited comeback, but this past month investors have been scared thanks to Trump’s tariffs, according to Savigny Partners.
{"ct":"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","iv":"725333e908ac01c25d28189a2ef64dd2","s":"8be65f92b74c2518"}
Share your thoughts. Click here