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Declining stock prices in the Luxury Sector - how does this effect retail?
Manage episode 397436182 series 3550465
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In the tumultuous landscape of 2024, a storm is brewing in luxury retail stocks, with Kering facing a significant 35% decline, Richemont down by 18%, and LVMH witnessing a decrease of 17%. This downward spiral has the potential to impact all brands across the industry. Find out how this change could affect your brand. In times of uncertainty, it's crucial to innovate and build lasting customer trust. Embrace the power of clienteling to enhance your customer relationships. Stay connected with BSPK for timely industry updates and effective strategies to navigate and thrive amidst the stormy challenges ahead.
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