Why luxury retailers may not be able to raise prices to cover tariffs

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Fri, Mar 14, 2025, 6:04 PM

President Trump has threatened to slap a 200% tariff on European wine and spirits. It has some questioning if other sectors could eventually get hit with tariffs too, specifically luxury retailers. In the video above, former Chairman of North America at LVMH Pauline Brown explains why luxury retailers may not be able to raise prices if they are hit by tariffs.

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