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Oct. 24, 2021
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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. Hermès, Prada fastest-growing luxury labels: Interbrand
  2. Introducing Luxury Women to Watch 2022
  3. Louis XIII gets a taste of gamification with immersive experience
  4. Audi offers vision of progress in Janelle Monáe campaign
  5. Zegna reports solid growth in H1, nears pre-pandemic levels
  6. Luxury handbags 200pc less likely to end up in landfill: Fashionphile
  7. Free webinar Oct. 27: Finances of the luxury home buyer
  8. Dior goes for gold with flashy J'adore campaign
  9. Gucci offers consumers stylish avatars in gaming collaboration
  10. Tiffany & Co. encourages pursuits of love, friendship in new campaign
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