China Worries Spur $56 Billion Luxury Rout
May 24, 2023
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1:23Now PlayingChina Worries Spur $56 Billion Luxury Rout
YouTube Description
as posted by the channelA wave of Covid infections in China weighed on sentiment, sweeping up European luxury stocks including LVMH and Gucci owner Kering SA in a rout that's wiped about $56 billion from the sector over the past two days. Caroline Connan reports on Bloomberg Television.
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