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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