Retail
August 9, 2018
Major luxury groups including LVMH are seeing positive earnings. Image credit: Louis Vuitton
By Brielle Jaekel
Luxury is having its long-awaited comeback, but this past month investors have been scared thanks to Trump’s tariffs, according to Savigny Partners.
{"ct":"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","iv":"99ea787573b06fd3cfbca4ecad010867","s":"6d928b1758d43d13"}
Share your thoughts. Click here