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https://en.infomaxai.com/news/articleView.html?idxno=107852

Luxury Brand Stocks Tumble on US-Iran War - 'Discretionary Spending to Take Major Hit'
European luxury brand stocks plunge sharply as US-Iran war threatens Middle East demand, with LVMH down 5.08% and Kering falling 7.59%, outpacing broader market declines amid fears of prolonged conflict impacting discretionary spending in a key growth region for high-end brands.




