Trade tensions deal a blow to luxury stocks
Posted BySarah JonesOn In Featured,Financial services,Industry sectors,News,Research | No Comments{"ct":"CKh7m8bKM1nBgzFxV6RF8KLj0Zd0aU\/Z1MAyZpilYfu16BVIW6bNqyyWc74lJpHDM9YCMSoySq8TWw3gvtXhBMw6Ca\/UIzzhhcVRarrDeV4xYWSqteJ7muCvZ0vZm2HeSlQQaytGkXuXOhzJwL9IKklp25qWqi3wKM0NmF65ALaUXmoROF2aKm8Ggv2UdXtPdY+2vjtI0Yvz1qT6SACdJKgkxm350i9TI\/fiHtlcHKjAB9IayM22V6vE+23VtLF3YPGN0azfylPwu44b+U6LZD1+1RRP0e7eyRpBMVkPdfHkjqG+Gcn9F7z+JkdY3GL\/cSK\/1XqCPddsE38I1rKdYY8c1aC6qSf7+Szyyro99U8J2NHa4kr1V609OQXXk1Lgax1vHLel9uf9+oK1PcK51glxw81qyVASom+Y83am+KOcgbrofL0B94ogKACK+fUIVas70IlyNRKdKkeEyAcC8BllzqdiVjCI9GT1ShmOjmVy0qJYUbOX4t9EZLopFfB+QWmxINcjdMQ+noYUVw1Q5zdFYAjzFb0bLbmwNYRbJ9AYFtnJd3DzPxrWIL7Eyw14CHqWp1vPbiriNuCsVsjSr0BJCQVQwEERsVO18XJUPjA7u8lOwYSiFckY6yrTty2LlP50sZLv451FUTbtq6X3cmsBnyRd+NCdjkCYvqAz8xd5u7wtm43WiQ\/aMFzcrHnZhMC++PCO0AilIt20fq20s52EuQgYO+vVh7kGQDEA+CDWh6yBVeqzUcyL7jH\/fz2eMW5Ue0wSBFmQBlELUVbVEI745a6Ip\/y2wDNUh0i01DDCln1H+VTVFwZ18stBzp\/vgjbF9Qx43gnsTPDFuuk6\/HEtMP267bTVeYjPkKq+8MQA7YbEFwiClOp0+pQHndE5wvl1tsLkeEq4AMqpUB6kXEWZr28oBq0gJISEXlXmI7m+idEno5htATFG3kckCiWkd3xik6mRBinwR3V\/JV4qvPEogJ1TFM8PbsQCZdLgIGzBfPn7InbXCj7bjBVnxhseIxtIlTOqW\/7kFgc6LVQ\/EH9qgTDSqtFjWBQ8pKAHSMxROWUxQofv4Q+yx+lcXKJrQx1uwpSsWJaW0kzTb3DMPszmqQ1HgYXxu2RyjaDiilAP6wpW1BSaEWvrtxsXpshnlHk4xMXDcdoE2EqVnpbwtBRkR2gd\/FWyMlGobOKfSd9Feu\/AbOeR4I846fju1m7z9J7OCBBcLF4OdoPnFGpkX3nu9z+z2t0fKmF\/3kXuewClY9zdsnI+HBGpnNCXO5ak5jepkcx\/slLkNOi5O668fUeLReKrdTvXMZODu4yfQx5r7XiSo4GJnQRoYU9RdJhW1bv+AXd1cgOGar2z0yIrDK+DIN6xFgF77lahyXSPE+sS4I26NfFUc7U\/7kndO4NRPw3DvsmR94JGHEQRXeNNL46DaVXwrG1UEuUCxShXXHtXCl7SKVQTje1Zj1DxgTlJ0ANhjb9jq0Abs6abQnfzypRCtXmVJj3UdyyAOolRVhIpyeK\/YkDj+ErkmohLJvVKmuBESXwukFZlRq4ZrqC\/ebZM9aTXUwpnKTXyTenK6R40ELQ4nUdFpAjrRgD8nIjDPsftV2lwt72lt6LyLjFGt1zf+hE3X+IJuaucrckVARAdGVyW+2ep+GkVJ6kUHSZskQyVPz1I9D8qeknEf90S+TNPZtkVUNq6zsyMbxXIcQweOR832fu0t83V5LAc\/NYvi+cld5+zpuKcKGZxNTK5jevoYx\/QtQ1VJjZLReMnfpnFhUID071oxasKsd8jf5qOI4wvTAiP2nxktuHLSzsQjpeRwKJekPi45nbf2BpGKSs67NXYzA\/BbGW8TyXxx9SzMEQvnGXb0vUplQz5z6SH\/9AEQWqd99wuXbV8aO9qvIPyWGVT43n6hDWZs9Lht\/y9HqzGOaRsScRFPHIgWP\/R\/lPzuv8yiqn6Hea9\/uA+yn3OvZ+6T9w7vBBK2gSL3mr3EBq4PQb8k21l66EQDAgPfdZhaXVQPsbEe0XVRSFP53Pyh360NHVjoz8cT54U+cwZGcx6I0z5YRnusIzgmBitlwmbP3aZS3GV9pnu4Qy58pIbUAJfxIXRk5oDMt8o93hGGeBfdT5VFnMTVDViiS15KjNtEeuUgXpqwyuwNDNgZi2buS+1yMnUNm2iC+wY8+viajlayY4UdFjd2YxHngwr\/p7O5O1X7OY7PNFbDey8mtLT6SxVRH17yfDnPTZJWGta1uU60\/3uW3TlfzyxYTV\/VCDsguW+VyH92hKZVTXqDahqS6WDNnTe3aNDnSFerVfBPZ7B8KQyCNvbK65yXxeP+OrkPVZFEIYtPdnShYmL\/b7ASU2A6Dy86UV\/JLBPUBq+LusraXMts3vh5Q4BdQu4\/4SWSMEmzK1JL1WE2Vn9jVWEiQmTwltGxtD\/lCum\/hP9Lh\/Jf0fC\/eYARIbca5bHP5CaYiplcmSUG\/Uz4YEr3g3Z9yBzR9VhtTiiT9ZKnCoDVGnw5THEp9JzD8yWY70IExgdumS7stkpT7Lcwlu6OP9XhF9u8phcqqqtK+bLRc4cCNhhK3x6tJO0usmNKIeMF1KLRgXClhv0SRhpAQw1CaHmAaEeOouinphC3ySir\/n3bT4Fwl7z46GDyYkKDyLsWII4ZxmXSOpRnNxccHwp+8U59xYWcqZmqcoDSkfVVTK7dD5wnf4I4IDJws3cGJYSA8JzsNXud0NIKhyPtaJq8pie+46F94ywLxVv\/7kwCIQ0DNlyRslOnyThPhuXAXW8wIxr7z+wjx3v0fKxFPL9FLcLBkcz5TjSrLidg\/Xl5BCwNwa5SppXrl9wmUCSG7JhGeW7QfEUEjiap8RYkP+C3IWxUqQu\/sgiezTld4iXAE6jCYfiMn0ir0TjfCkGLjY7YiICQ6JrKNgKKRf9sLBTAGpVUW+KqwZkSiOIqGN\/EUcl4V0s6oZhHMGnszEjk0WIYVIcHHYi\/gHt2YVW7tylsbTGtCsYN+UtGrU4qIFX94DG7tpWl1rVETyEVDTjT02yqEoGfcpIfdjLBVnzMgiT4D2vhlw5yzHqWPGH+o1QcpcblbKtuAqPYKXGhJKW4YDNil\/2+grQsLh2wA+ERm7aPKcnJ4WV\/TSrgy+RDNWHeATIHMhup9zyJCkgGFhf0oGGBFg13e4Pu9NmangAxW\/n6vB+Vk2cPU3sSk2CDs9uIFVraqBUjVEsxgGJnW1lqwobwIFsysg0iQyDkekpV+RsZQZbb6Soc94XGnznlWzCnf33amRfXb\/KfKlwjnQWfQ7NhoGrw79\/gZqTEEPodqiamgQjSfh2zEkwpUBVMt0ae8RAHMishxIAtogzP1Ae6YywhsgQN8n2Q3NrVBCaaTqXrX2yGIYb\/tXwHOcpMAIwPUcksoY5h7uoHNkSb6ISKC5mN2YzzleuD0rr+BWa3pWvsNNG\/EG7QJ6Alw6NncmdBYYssBmTspIIEve8EcndteXd79bSd1qzlVT6tuwDzUVHA60XIbv8+mvpDQ7Z5fYShcEzvpjuckwxTCoJLimu2Glrn4u8B\/o+i4hyPsM8ZcUAB0l2WWwH\/zv\/oByurn9dAtg0u4BIQOMdMQlyb\/dTR+Z2fq\/6I+H7mq6Q08KKHtPxVLTEdW0Ya1HsNQUyEW\/T0qNuZZHcm3h3zVlRupanW9SAPsFr+LfS6\/j3YmX0M1UaPOD5v6j7KVg8gh8l64Anb+gRJoReOKMadbcjQqOdHrcBrPXSpCl1wNOZGaFyytMGjrXbChWX3We0S\/2ZUhfhKZM+37OOClpX2uQ3IXY0fXZkZvBLShIcmpOKV5lQguzDihJj1Dl34sadqTDzzpnc2gr7rcE9\/av22vZQearQoQFF42iXCDNymk8cN2IUTUfsBv6fgFTsZis7\/4i27+wmE+HZKBLEcjtg4iVAFWB\/rNoeebRWbDSBL8dJGEzgSBTfEqNQnSe\/w5Ph+w13kpe7Fa11EznnYrHo3uldAcVC5q+xlE4XPZy9\/AOQM0mVvZbA\/eFf20\/FrK+NX7KPBxX8kiwLDNIt+jwKAfWkDE103DyjF6VYpWh9fIxGys9mw8TJhSL2Dyd+kwmK4ujW1o386xGqsKrTAzYu3J7V+ecP0h5E7LuObMzfcnMduF1QQoM\/Qoin1cxI8zCZoGgL0TAZant6TORgR0RESaamkqWW3Soq8892rnifdsCwSqyra1ER5ZGeOED\/vsNGH8lRBqxYHq1mdkUFZ\/3Dl8t1gVMJRg+q9pFS2IUmjxifPN29mZaBby49ljJv8o\/5KeqLgMmFV2hApti4rvEEzOCVYAxgUjVf3Zh4AIxbnMSZ\/pJc4O0oJI2NQfybCTd60Vq8lPDEc5NmGt85SxuX\/lhmw2cKov\/vbK2wtYPZeAOJDUFhxq8nl6X54xyTRa9d06ogIxwntSb1QTqjzxi8pcmFzlV8kae2CDL\/sLocVx+aK84eYfQqJ7HGVTTDV4LEK8RtFp6OpIndcG4CFofPJdSo\/uxuQWez5Ppi1EpItrvBGNpJoLrHGeHX3ePk+uOBO3fBb7ilnkAKE\/Oq2XiWHTybQ7ac77LdodQ1fhX1z7OGrQoC89HJkaf9Oujq+5nU0Ns46+BPfqLf0G1\/h0JHpnPks3KdgXgpbi+vZbnJzoOfTsu2l0QAr8UThSIL2Ot8wMy9q2y9Pe7bOt14dg0PzOl9qkvU5cAQtKpn+vMdHUDyWr4KoZUuz2jN2Q\/O2jIcWjF655O5SFsqJqU3f2Iavu3W4Pil8Y8\/tkgY7Lx\/k7I2TUF9mWp1QrWgcoW1BlAvF45pw2fboJj5rPQktF2OXRZY8wjkz1t1qHf81WYHeCoV0yCZnz5DGBlwwhCF7e5OKXMNH00qSZHjMgAu4SOmzy2gnUntYqrRB9olBsKAKoagqWlxyZlzlyVy5NtM4iE7bvHaxE+twSec63D9mcb\/Ed4bdhqNrIyDcus4WSqLKu9gBeT\/nSd4OiN3UVkhP+Rpo9ec8P1VBmci4jCftIxk69IE3cDdWlFv5VMmtuwgMvVIcCgYTFdjGiq\/GDeLsPQE4c1QCObZo2WN8+YfLZ7bG6okTehzRFEE4G5aCL9gxumdZ+gIZL99yKoZ31G0FYDAZQaztYWsOQGotwbQsrncGG3HswzioIHPkIiUYv7kZXPPmQHaK3C2pQyURWl1nLQbOHlRt3QqlAh3hKVG8eUFymi4vKdLJ4\/ub03iNcwoTJVgC45OgOYPn2tc6vQmMCsc9PMDiD3tjOSr8AyaGxGhWTUtxim6llzMQ84wU6+FhBjwTajKjkDfhHaTY\/2TxfK15UfEbf8CrQsVYU2u6oCv4j5PYlk+PHkC9sUcfp6VnnzLsgbWsKz0vMv4om7giFUm1OZ7RUu9v0eYGfi8G2cbwGfMdxZOuGEUTOgLc63lu90fVbRTH4CC030fqv8BFq07KJbS4lkcqF5SYLIB\/660mOszA5zlpiVGWueBYm2F38Z2sjP1xW65IncV1arHOnAiQyS05TnZ\/L4WDS3DQ1XEu02wzzvhgk57UCLQAh9rNVAye0+uFMLDqZxGKPZjQU5AYghxcpvpXOB00UUevo+0clk0HciJJYFUlynx5RilvuC\/ft1Y2WaJG+lCVXQxNcwwlRVWc7Lqwz6DFZh2sAARIxi+oh7\/pZedEsb5k4kicyXrIX3FCd1\/60JOtseIq8mgMKaB0CF4vbinJ+aDJC+HleIQS7VpIl\/4hgsGDHy1fnQ8YzZcsCoW9esv+8xICdaATI040z7tuhp9zZ4zu1i+u8FZlg1wSeSk6qzHcglo70CmQwuFJRGamb46NnVvAYEqkSNUp\/mxhvIruOsT1DLIWXn2lbXluSrfCPpyBe9Dwbb\/Xz1iKkIB4fnl4LNjMjbkH\/xv2gb4SLjIkNEGit6C27c9iiiZ8j2BgAu7roLv0bMT\/X4JoxQF+2iEmnh5iucnuaubWAEEPwAEnHg4VUh9jooMCrq7K4kNugVUV5aiFe3RlnFT+j5NyT2AAKNp5Zksplq1J6srMVkDhRh1Q\/T6ZExXpDhIswtWzZkt\/zCLOGZ7CbSxv9ZhVRkkxtVYixkL242oKL\/GcXxCqO9NfT0HGn72g\/sC4MYtcQsutPBGPWkCfIpaRTDj\/1J8wGz1Da5zaxY25p\/LUATxAu8e0BmZCPImu7\/Hdzo5qGh64dNaSHDM29L21DeandMBbqDdP2WWEghrj+Iijj\/lunejSIxUXoGRHdzzOMHi+cINpC7B1qK3bKM2dBUS6+g5UZb6iI3mqSLVZbHE5B13X+342R5goDTlZfO5okHOnw8eD4WaEwLfIpYCKb3ZQ0VgVSeF09n\/lnd4asWWnctCM+ChtV95VAfOea9pJ+D5aVdyZX7fl36Ep+SIqclqNG51NpG9YubWylLLrDOHE7VG\/MIXmtO4AFqL17rfiK2HAJEoXYt3DxiOaLFfN6hccamGNo0QS1YPj+OQweD5OJDHx78sHXtNZ+2Zi8IwXY0cX7nLG+NxIZQBgWDmyS8t7+zFbqkDvjnh2dCY9VR+XW2+qlKwmgsDxPVy6LIQLDUk7oQWZcosTnOqVW54tgObbZxHO1fSaQ6n2Z\/ah6GcFCIbSWmb9Js39Iz53fJsACmYsZS+jo4s\/OMzvrVMxqIH70gY4PP1iNt2jViqpAb8jZ92RqyWZscczxe6DPXm49fbY\/kmEl5U27EzfrAUX8IMhpfqwjFjon+dLIipSRSW4ZyCg1lIlOfosIk0pJM267IHUQcqHFK0dR5jCvQ\/7lEVHGI609QcO\/Lsgg\/2U8tfnxWSWG+eRtRgzfNdesWy\/shk1A1h0sJA2Fmf1fErHllXocwtxGNF3KnwwWgPAdunjphBUN6X0+FQWCEdhZ8qIWdJBfaE8K6\/a7YG+RJ5s17feAVv67BXPCc9paG+wTUovrdPO0ngWvW\/iQr54Q4GSAulFQW8fHYku8nUrI0mieaZQfTuPTeZ\/TSWHxeAurHIjRgXUvcNHWg0jof1QDb0oXcCPUnXhxT5Y+U\/M1zxQMGw2SiDKwEZbNTv7oeW1KJi\/c3gmSc\/AHjOPoo\/y+wlJS2JC6phi96nRYwOlx6gN9OnMlntjKq9wMs+3EzHOxElMopONzdfCyOZmUkD+Ph2fVcPyrdJyPqAgec4W4FIxKVDxwOvGUC6VM2byw38iWESXjQJAe+AyV7VKYdCKYG6Mtz3xjgHvXVZg+Z7pt+dTpvC5N3m0awq7M\/y7Y76pIsGDVCwQ8yVGEaltfBA3KzBfeqcyvZ53x17Ri6taU9fSPyzQwAAwplUPFDIMbtJ1\/AJkqXM3bc1uqUBlAfGJS7hj8OHlS9sqfghmRdZB++0pVw4p9hVP+zUnoF56qxe5F7aHr4EeQ0tJaugwjFzebaFUlaMH3fqrZspVl7lZi4V2q+pFWKzB11\/zW6bdaBT1IFWw08k8obsrMWrb3ZLJJZ0Vd5cY\/wrs10q6PgOtG+WivOoYiDTXVDy9xBwxP5YdV0oO8rGMXxI0S06ljn+5cUEnp3oV0toHURLlx3nLH5x9ukLG+k9dfYTCnnr1SDS9lq60BIds0jPy4MTqagrK8YxOzC9gjeqFzBrI2dSqvLM3pilNkQk93p78nw87QVMHxbidX7hg3vdbZMhgnZ+m+gN3+sotu3QgcHpvqYxwd1Pt5\/cNEsaYAHRjMI73lC6JJMptVRlIRN9hBPqN6KL7A27bcLxk4DFnwAIQCO1q6z+rfWYmgiS74P12ua62IYD8rcQLD7MRxcKCAdr3TxOWKMLdzVw\/Pu6D6KgGaFOxQ8hoRHYe1vFlEt74I9XXOzege6JMztjQVEzLZ1slP+0w\/uNqWYevG8Qdvmbe5BWPOiuEOSelDoBzwy4pzn0FSAXw15S33RGoE8Y2ThUqwLxSJLQ90qFegOqFtfMVqiaN1lOEDrBM89fmEGL2mcO5FmIV1JdtPTlY1swc1rP7DNzTduNUJVV3SIavHs2ZidGUfT7Uwufl9kN+QKmDwkcc5QxGJJgPuBSrzWmcNWnDlf3ojly3+7unW5hxfx0lUvKoWFhM8pZ\/h8RfCYAxkoH2+7xNMeWelkCMtXYF13MBquuXpc6MKmfTJJey3hwaGTHTuAge\/QFl7mv3sGDnj02UkLrcxjihMhvuUtDpnXJJZYE+9jLNkbsymMOYymvr8ebdgpGalGNMdlam04bTQCofe0vJ2deKk0p70Sxf+sS7PAtZGnyJJdf0fp7Z5zoT6gHmS6P70bo4QlyS2Fs4uIakysYSZCm71on0VUEpU5K+s5r4SwXfyVVpkwI1qHm0DQpNmiBmsgPKAIRpHWsflc4hP1Aua1qiklBVeoa2AoEi7Z2IXiwYnKXlW+s8lzHXmkqVjyL9tY7bNkF9jOgJI\/CnWy1A8uap5Zb3aJ8++61ZVeaMSgs2AbFL2clJPF3oZfRDqThSFLUO6pmByVmZcfsBwsK1uWIYrwlJPCDwLIfTu6BQhPjZb7D8Dx+IL0\/iyVPKu32EkLfaBsJ1w5dYhC\/KGsDM00SFilfbml9V2EOAYdowct8Xl4wWAu8yD84xvSrSGc9nDu3goFzd1VC3dpl6DKqryobULk6ygGj+jtR5oYw082RAR94d4ZISwVZ3\/sK2P3mYJ4hkYwytGK9aD2WNvh+Vg9BzOKvoCAd0p1n6Y66ZgIkjiL5jnLrV4gYRonkRcJbKxQg3tToRx0y\/d2Upc0rLdk1RRDN","iv":"891e1c1922056e4beb3817e4ba8075a1","s":"fd4feb1196e87d47"}