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Financial services

Luxury stocks stumble after warning from Apple

January 4, 2019

Prada China European luxury stocks took a hit following concerning news from Apple. Image credit: Prada

 

By Sarah Ramirez

Luxury brands have seen their stock prices stumble amid concerns that weakening sales of iPhones in China could foreshadow slowed consumer spending in the world’s second largest economy.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Lamborghini heads to French Alps for women-led driving series
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Exclusive Resorts purchases Inspirato for $59M
  8. ‘Sound. Elevated.’ from Bang & Olufsen marks centennial
  9. Laura Burdese to succeed Bulgari CEO
  10. Dolce & Gabbana debuts Devotion fragrance film
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