Fallout From The Donald’s War On The Red Ponzi Spares Nothing—Even Birkin Bags

A weaker yuan is a direct threat to the growth hopes of Europe’s top luxury brands. It will force investors to take the sector’s over-dependence on China more seriously. European luxury stocks have fallen 7.5% since Friday morning, according to an index of 10 luxury names compiled by Heard on the Street. The wider Stoxx […]
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