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The FAANGs of Europe: U.S. tariffs won't harm appeal of French luxury firms

FILE PHOTO: A model carries a Hermes signature Birkin with Himalayan crocodile leather during a
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LONDON/PARIS (Reuters) - The U.S. threat of tariffs on French goods from handbags to Champagne proved just a glancing blow to giants like LVMH and Kering this week, as investors refused to give up their decade-long love affair with luxury goods.The European luxury conglomerates are the leading lights of continental exchanges, just like digital behemoths Facebook, Amazon, Apple, Netlix and..
Date Published: Dec 04, 2019
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