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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","i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