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Will the Luxury Party Last?

Top luxury brands delivered strong first half results, propelled by a buoyant US market, a return to European travel and a cheap euro, but risks remain, writes Pierre Mallevays.
A man on the phone opens a red Ferrari car door. The car is parked in front of the show winds of a Louis Vuitton boutique.
Luxury’s strong first half results were a welcome sign for the sector in the face of worrying economic headwinds, but risks remain. (Getty Images)

Luxury’s strong first half results were a welcome sign for the sector in the face of

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