Episode Details

Luxury stocks plummet amidst Iran war, with LVMH, Hermès, and Ferrari experiencing significant drops. Sales in the Middle East, a key market, could halve due to security issues and logistics problems. Despite temporary shipment halts, executives remain optimistic about direct home deliveries to top clients. The Middle Easts millionaire count has surged, but higher oil prices and unstable stocks may impact spending. A brief setback is expected if tensions ease soon.

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