Pandemic Continues To Dull Allure Of Luxury Goods
PYMNTS
JULY 1, 2020
Despite some signs of improvement this month, LVMH , the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased by lockdowns across Europe and the United States in recent months, and that an immediate turnaround was unlikely. “We billion in 2020, compared to $62.4 billion in 2019.
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