![September was the worst month for luxury stocks since the pandemic hit. Is it due to luxury’s recent growth being unsustainable or something else? Image credit: Shutterstock](https://cache.luxurydaily.com/wp-content/uploads/2021/10/jing-daily-101321.jpeg)
Government crackdowns, Evergrande and COVID-19 dampen luxury boom
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments![September was the worst month for luxury stocks since the pandemic hit. Is it due to luxury’s recent growth being unsustainable or something else? Image credit: Shutterstock](https://cache.luxurydaily.com/wp-content/uploads/2021/10/jing-daily-101321.jpeg)
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","iv":"5f14762254892e2d5518df72b11d13e0","s":"4bd3195ed032ce6f"}