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":"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