Business Of Fashion writer Luca Solca smartly looks at three “dark cloud” scenarios that every luxury executive must heed. The world’s three largest economies — China, the European Union and the United States, of course — “could find themselves embroiled in major trade disputes should the more protectionist factions in the Trump administration get their way.”
Solca’s three main areas of focus are strife between the U.S. and China, the disconnect between the U.S. and the E.U., and the potential breakup of the E.U. with plenty of details given. But it’s not all bleak, per Solca: “French and Italian luxury goods companies should benefit from currency weakness, as they are long dollar plays.”
The full article can be read at http://bit.ly/2nkvEYV.