Cartier, Louis Vuitton and other luxury brands could suffer up to a 60% hit in Hong Kong if protests continue

Tonya Garcia
Cartier, Louis Vuitton and other luxury brands could suffer up to a 60% hit in Hong Kong if protests continue

Luxury brands could see sales in Hong Kong decline 10% to 60% compared to last year if protests continue through the end of 2019, Cowen data shows.