High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
This post first appeared in The New York Times – Business. Read the original article.Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.
The New York Times – Business:
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Bahrain, Christian Dior SA, Cucinelli, Brunello, Ermenegildo Zegna Holditalia SpA, Europe, Fashion and Apparel, Gucci, Handbags and Purses, Hermes International SA, Jewels and Jewelry, Louis Vuitton, Luxury Goods and Services, LVMH Moet Hennessy Louis Vuitton SA, Middle East, Moncler (Fashion Label), Prada SpA, Qatar, Shopping and Retail, United Arab Emirates, US and Israeli Attack on Iran (2026), Yves Saint Laurent

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