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Luxury Market Faces Challenges Amid Geopolitical Instability and Market Shifts

Luxury Market Faces Challenges Amid Geopolitical Instability and Market Shifts

Luxury Market Faces Challenges Amid Geopolitical Instability and Market Shifts
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Exclusive-Luxury brands face profits squeeze as Iran conflict shrinks Dubai Mall sales

Exclusive-Luxury brands face profits squeeze as Iran conflict shrinks Dubai Mall sales

By Tassilo Hummel and Helen Reid PARIS, April 13 (Reuters) - Sales at Europe's biggest luxury brands have shrunk in Dubai and Abu Dhabi as the Iran conflict https://www.reuters.com/world/iran/ hit the sector's fastest-growing market in the latest setback for the $400 billion industry whose value has
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LVMH flags sales impact of Iran war in blow to hopes for luxury revival

LVMH flags sales impact of Iran war in blow to hopes for luxury revival

PARIS, April 13 (Reuters) - French luxury giant LVMH suffered a heavy impact from the Middle Eastern conflict https://www.reuters.com/world/iran/, it said on Monday, as sales fell in the Gulf and many rich tourists from the region also stopped spending in Europe.
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Luxury Market Faces Challenges Amid Price Hikes and Geopolitical Instability

Luxury Market Faces Challenges Amid Price Hikes and Geopolitical Instability

Luxury Market Faces Challenges Amid Price Hikes and Geopolitical Instability
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Luxury Retailers Face Mixed First-Quarter Earnings Amid Global Challenges

Luxury Retailers Face Mixed First-Quarter Earnings Amid Global Challenges

Luxury Retailers Face Mixed First-Quarter Earnings Amid Global Challenges
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China's exports set to lose momentum as Iran war undercuts AI-driven boom: Reuters poll

China's exports set to lose momentum as Iran war undercuts AI-driven boom: Reuters poll

BEIJING, April 13 (Reuters) - China's export engine likely slowed in March as buyers chasing an AI-fuelled future confront the hard reality of war https://www.reuters.com/world/iran/ in the Middle East, which has sparked an energy shock and revived market anxiety of past Gulf conflicts.
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China March new loans jumps less than expected, no sign of fresh policy easing

China March new loans jumps less than expected, no sign of fresh policy easing

BEIJING, April 13 (Reuters) - New bank lending in China jumped less than expected in March, while broad money and financing growth remained sufficient to support economic expansion, signalling the central bank is in no rush to ease policy.
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Dolce Gabbana Appoints Stefano Cantino as Co-CEO Amid Market Challenges

Dolce Gabbana Appoints Stefano Cantino as Co-CEO Amid Market Challenges

Dolce Gabbana Appoints Stefano Cantino as Co-CEO Amid Market Challenges
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Stefano Gabbana Steps Down as Dolce Gabbana Chair Amid Financial Challenges

Stefano Gabbana Steps Down as Dolce Gabbana Chair Amid Financial Challenges

Stefano Gabbana Steps Down as Dolce Gabbana Chair Amid Financial Challenges
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Saks Global Creditors Demand Former CEO Richard Baker Turn Over Documents in Bankruptcy Case

Saks Global Creditors Demand Former CEO Richard Baker Turn Over Documents in Bankruptcy Case

Saks Global Creditors Demand Former CEO Richard Baker Turn Over Documents in Bankruptcy Case
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Saks Global Creditors Demand Documents from Former CEO Richard Baker Amid Bankruptcy Proceedings

Saks Global Creditors Demand Documents from Former CEO Richard Baker Amid Bankruptcy Proceedings

Saks Global Creditors Demand Documents from Former CEO Richard Baker Amid Bankruptcy Proceedings
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Dior Announces Cruise 2027 Show at LACMA in Los Angeles

Dior Announces Cruise 2027 Show at LACMA in Los Angeles

Dior Announces Cruise 2027 Show at LACMA in Los Angeles