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Commerce

Will impasse in Washington undo luxury brands’ Q2 performance?

July 28, 2011

LVMH performed very well in Q2

 

Luxury companies such as Hermes, Jones Group, high-end German automakers and LVMH Moet Hennessy Louis Vuitton have posted considerable revenue in the first half of 2011, but experts are unsure whether or not debt-ceiling politics in Washington will undo this progress.

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