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":"d527ffa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