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The first half of this year should be a nadir for luxury demand but the industry’s top player owns reliable labels like Louis Vuitton and Dior that could help pull it through.
The companies have received regulatory clearance from the European Union and Japan for their deal, which would bring top luxury labels such as Kate Spade and Jimmy Choo under one roof
fastest growing state in the, united states right now. and so i just found it fascinating and actually frankly quite troubling that this is now moving into the commercial sphere and trying to encourage people to not be with people who might disagree with them. >> wrong. khan got shot when president biden first came into office, he was really hot on resetting the relationship with saudi arabia to say, we're not going to take your shenanigans staying crown prince mohamed bin salman, that look, we are going to take a more aggressive posture towards you, but now president biden's reelection prospects depend on saudi arabia. that's both because this administration is fighting for a saudi israel accord, but also because he's depending on the saudis to hold down energy prices. so this is a big persil for the president& a pretty awkward position for him to be. qarrah. >> bring us all rich, thinking of rich people and he's very rich, are feeling the squeeze, luxury spending is way down. you just saw the results from lvmh, the juggernaut that the luxury juggernaut. and then