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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","iv":"e94a3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