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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