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Fashion Retailers: Luxury slowdown prompts fears of inventory pile-up over key holiday season, ET Retail

Fashion Retailers: The latest U.S. credit card data from Barclays released on Wednesday showed that spending on luxury goods remained negative in November, down 15% year-on-year after a decline of 14% in October. That performance "doesnt bring much optimism" for the fourth quarter, with the weak trends in the U.S. reason for caution about the performance of luxury brands over the period, Barclays analysts said.
France General Mario Ortelli Louis Vuitton Olivier Abtan Mathilde Haemmerle Bergdorf Goodman

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