Trade tensions deal a blow to luxury stocks
Posted BySarah JonesOn In Featured,Financial services,Industry sectors,News,Research | No Comments{"ct":"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","iv":"eba5e3e1345342b38f402334062b458f","s":"3265f04feb955124"}