Retail
August 13, 2021
Hermès opened or reopened several stores in H1, including this one in Troy, Michigan. Image credit: Hermès
By Sarah Ramirez
With most of the United States experiencing high or substantial rates of COVID-19 transmission, shifts in consumer sentiment and spending may have fallout for the luxury retail sector.
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