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Government crackdowns, Evergrande and COVID-19 dampen luxury boom

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
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 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

 

By Ollie A. Williams