World's luxury brands count costs of Hong Kong protests
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HONG KONG/PARIS/MILAN (Reuters) - Global luxury brands from Prada to Cartier are counting the cost to their businesses of four months of unrest in Hong Kong that has kept tourists away and forced shops to shut, with upcoming results set to reveal the damage.Hong Kong, which ranks among the world's top five luxury destinations, has long been a magnet for brands attracted by the flow of visitors from mainland China. The city accounts for between 5% and 10% of the estimated $285 billion annual..