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Luxury investors spooked by reports of China border crackdown

05/10/2018

The share price of a number of European luxury groups fell sharply on October 4 after online reports of more stringent border checks on Chinese travellers bringing items into the country. Those to suffer included LVMH, Kering, Hermès and Burberry. Investors were alarmed after videos on social media that appeared to show border guards looking for ...

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