Airport closures and travel restrictions hit luxury goods sales
Business
Duty-free stores specializing in premium perfumes and luxury spirits are feeling the full impact of the conflict in the Middle East, as airport closures and travel restrictions severely affect passenger flows across the region, Reuters reports. The situation risks worsening if the war continues, increasing pressure on an industry already weakened by declining global demand. The disruptions, now in their sixth week, highlight the significant dependence of luxury goods and cosmetics manufacturers
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