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":"635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