Iran war creates more unease for makers of luxury watches
AP News
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The annual luxury watch fair “Watches and Wonders” opens this week with the Mideast war casting new doubt over an industry that had been looking to rebound from tariff turmoil and a contracting market over the last two years.
The U.S.-Israeli war against Iran that began Feb. 28 has had sweeping impacts across the world economy: Driving up energy prices, stalling shipments of fertilizer, disrupting air travel, among other things.
High-end watches have not been spared.
- Luxury giant LVMH faces headwinds as sales growth slows in first quarter Euronews —
- LVMH flags sales impact of Iran war RTE —
- Middle East war weakens luxury industry Le Monde —
- War in Iran intensifies a time of uncertainty for makers of the ultimate in bling, luxury watches CTV News —
- War in Iran intensifies a time of uncertainty for makers of the ultimate in bling, luxury watches CTV News —