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Jan. 27, 2021
  1. Day's wrap: LVMH, US travel ban, Watch Week, Belmond and marketing webinar
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  7. Biden reinstates travel ban on Europe, adds South Africa
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Government

Franco-American tussle over taxes adds wrinkle for luxury recovery

July 14, 2020

Louis Vuitton handbags are subject to a new tariff in the United States. Image credit: LVMH Louis Vuitton handbags are subject to a new tariff in the United States. Image credit: LVMH

 

By Dianna Dilworth

The United States has announced plans to add an import tax to French beauty and luxury goods as part of its ongoing disagreement with France after the Gallic nation threatened U.S. tech companies with a digital services levy. The timing could not be worse.

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  1. Day's wrap: LVMH, US travel ban, Watch Week, Belmond and marketing webinar
  2. LVMH revenues top $54B in 2020, as fashion leads recovery
  3. Lexus is ‘all in’ with its newest sports sedan
  4. Relationships are the new currency in luxury sales
  5. Burberry transforms customer experiences through digital innovation
  6. Belmond reopening renovated hotel in northern Italy
  7. Biden reinstates travel ban on Europe, adds South Africa
  8. Whitehall Interiors' Sara Ianniciello: Luxury Woman to Watch 2021
  9. Private jets fly higher in COVID-19
  10. Montblanc celebrates its newest smartwatch with ‘moving’ campaign
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