Retail
May 9, 2023
The return of Chinese consumer demand is propelling the stock prices of European luxury groups such as LVMH and Hermès to new highs. Image credit: Louis Vuitton
{"ct":"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","iv":"ac0cceecfa513c07a0afe7b03a7b8cee","s":"c2d1fdbdd9368468"}
Share your thoughts. Click here