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LVMH pulls out of Tiffany deal because of tariffs threat
But it could also have something to do with how luxury retail is doing during the pandemic.
What happened to the retail apocalypse?
About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t be more different. In the last few weeks, we’ve seen strong quarterly results from everyone […]
Customers in Asia add sparkle to Tiffany
Luxury products have benefited from rising stock market returns in the U.S., but Tiffany faces up-and-coming competitors.
MID-DAY UPDATE: Japan continues to regain control of reactor, Banks return 99% of TARP
Here are today's headlines from Marketplace Morning Report and around the web....