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Luxury stocks are heading to the clearance bin
LVMH, the world’s biggest luxury-goods group, and a proxy for the sector, is at its lowest level for two and a half years, after losing more than 30% of its value.
LVMH, the world’s biggest luxury-goods group, and a proxy for the sector, is at its lowest level for two and a half years, after losing more than 30% of its value.