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LVMH and the Crisis: Luxury Industry in Transition

For a long time there seemed to be no limits for the European luxury industry. But then came pandemics, high import duties and the Iran war. Now there is a hangover mood among the corporations. A new chapter begins.

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For a long time there seemed to be no limits for the European luxury industry. But then came pandemics, high import duties and the Iran war. Now there is a hangover mood among the corporations. A new chapter begins.

·Frankfurt, Germany
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Frankfurter Allgemeine broke the news in Frankfurt, Germany on Tuesday, May 19, 2026.
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