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Luxury Giants Lose Billions In Market Value Amid Middle East Conflict

The Iran war is rattling the global luxury industry. Stocks like LVMH and Hermès have shed an estimated $100 billion in combined market value since late February. The Middle East, last year's fastest-growing luxury market at a growth rate of 6% to 8%, is now facing deep uncertainty. Dubai's booming ...

Watch Original03/27/2026
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