France Riots Expose the Rage Aimed at Dior, Hermès and Other Luxury Brands
Published . Updated .
The looting of stores belonging to brands like Dior, Celine and Hermès has exposed a crack in the glossy facade.
Directly affected
- No company is named in this report.
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
The looting of stores belonging to brands like Dior, Celine and Hermès has exposed a crack in the glossy facade.
Source: The New York Times
This story
12 out of 100
“France Riots Expose the Rage Aimed at Dior, Hermès and Other Luxury Brands” scores 12 out of 100. The score uses 1 sources.