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
Government crackdowns, Evergrande and COVID-19 dampen luxury boom
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"ff0a5ae2191076affb76ab219adbb46e","s":"8868ebdafdda50b0"}