Extremely-luxury is shedding its luster — and mid-tier opponents are capitalizing.Trade bellwether LVMH Moët Hennessy Louis Vuitton SE, which reported weaker-than-expected gross sales within the newest quarter, was accused of promoting a Dior bag that prices about $60 to make for $2,800. In the meantime, Tapestry Inc.’s Coach is cashing...
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