The Prestige Edit

Market Value

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A deserted luxury shopping street in a Middle Eastern city, with prominent Gucci and Dior storefronts, symbolizing the impact of regional conflicts on brand expansion.
Luxury Fashion

Middle East conflicts curb luxury brand expansion, hurting Gucci and Dior

Europe's 10 publicly-traded luxury firms have collectively lost $176 billion in market value since the start of 2026.

Victoria Laurent·April 19, 2026