Editor
Luxury brands have been sounding the alarm about a global downturn in recent months. With second quarter results due out this week from three of the sector’s biggest names, we’re about to learn the extent of the damage.
Analysts expect LVMH to report 3 percent growth after market Monday, on par with the previous quarter but well below the high standard set in recent years. Meanwhile, Gucci-owner Kering is expected to report sales down 9…
