Retail
October 13, 2021
September was the worst month for luxury stocks since the pandemic hit. Is it due to luxury’s recent growth being unsustainable or something else? Image credit: Shutterstock
{"ct":"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","iv":"55c60c62e7ddb0f5cfceea93b62b2a5f","s":"4a4c74027ede64d3"}
Share your thoughts. Click here