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Luxury sector could take a 20% hit in sales, analysts warn - Business Insider

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The luxury sector could see a 20% fall in first-quarter revenue and an 'even worse' second quarter, analysts warn

Reuters

According to an in-depth report from Bank of America, the revenue declines experienced by luxury goods firms will range between 3% and 31% for the quarter.

 

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Very good. Need, Want, Comfort, Luxury. It should crash further.

'Entirely unnecessary sector sees losses' oh no

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Someone will always be prettier. Someone will always be smarter. Someone will always be younger. But they will never be you.

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