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":"2ae8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