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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",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