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Luxury firms face tariff hit as recession fears mount

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Summary
Nutrition label

76% Informative

Shares of European luxury stocks LVMH, Richemont , Kering and Hermes slip lower Wednesday as levies on U.S. imports from the European Union took hold.

Upbeat fourth-quarter results from high-end fashion groups had pointed to a turnaround in the sector.

Deutsche Bank said Wednesday that rebound could be "the anomaly and not the trend".

VR Score

88

Informative language

96

Neutral language

23

Article tone

formal

Language

English

Language complexity

64

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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