After years of double-digit sales growth, luxury retailers face a ‘reckoning’
Worried about an AI bubble? Sign up to The Daily Upside to receive smart, actionable market news designed for investors. Just a few years ago, it seemed like sales for the luxury goods makers behind brands like Louis Vuitton to Tiffany’s and Gucci were soaring. The annual revenue of LVMH, which owns two of those…