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.
{"ct":"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","iv":"3059b24bc759169689c0d3a6fee0207a","s":"5774b75ac5e87228"}
Share your thoughts. Click here