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Aug. 5, 2020
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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. Video commerce offers brands new channels to sell to consumers
  2. A reckoning is coming for retail: Get ready
  3. Chanel pushes historical connection to dance in Inside Chanel episode
  4. Luxury consumers seek meaningful jewelry purchases: PGI
  5. Day’s wrap: Capri Holdings, Chaumet, Hennessy, La Perla and luxury real estate
  6. LVMH, Kering and the new luxury strategy post-COVID-19
  7. Burberry offers a look at how companies can navigate difficult times
  8. Day’s wrap: Ralph Lauren, platinum buyers, Bloomingdale’s and Ferretti Group
  9. Ralph Lauren, platinum buyers, Bloomingdale’s and Ferretti Group
  10. How will changes to the animal testing policy in China influence its beauty landscape?
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Franco-American tussle over taxes adds wrinkle for luxury recovery



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