December 16, 2025
Economic Watch: U.S. tariffs squeeze European high-end manufacturers, dimming industry prospects

A customer walks out of the Galeries Lafayette Haussmann department store with winter sales signs on its gates in Paris, France, Jan. 10, 2025  (Xinhua/Gao Jing) Luxury groups face a difficult balancing act: holding prices may squeeze profits while increasing them risks losing the next generation of buyers…
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