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Luxury’s Rebound Is Proving Elusive as China Gloom Adds to Warnings

Richemont SA will offer fresh insight on how luxury companies are coping with a sector-wide growth slump when it reports third-quarter sales on Thursday.
The exterior of a Cartier store in London. Store signs are shown above the door and on a red flag hanging outside.
Richemont SA will offer fresh insight on how luxury companies are coping with a sector-wide growth slump when it reports third-quarter sales on Thursday. (Shutterstock)

Luxury stock investors are facing the risk of more bad news as the likes of Burberry Group Plc and Hugo Boss AG fell short of already reined-in expectations and economic data from China dents chances of a near-term rebound.

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