Retail
August 13, 2021
Hermès opened or reopened several stores in H1, including this one in Troy, Michigan. Image credit: Hermès
By Sarah Ramirez
With most of the United States experiencing high or substantial rates of COVID-19 transmission, shifts in consumer sentiment and spending may have fallout for the luxury retail sector.
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","iv":"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