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Logistics, business models and a fear of Russians’ reactions are all factors.
But it could also have something to do with how luxury retail is doing during the pandemic.
LVMH spends $3.2 billion on a deluxe hotel and travel chain to attract millennial money.
What to do if your sales aren't what they used to be?
What happens to a luxury brand when its exclusivity is exhausted?
The luxury brand responsible for Louis Vuitton and Dom Perignon saw its sales grow 25 percent in the first quarter of the year. But it turns out, it isn't all because of those upscale products.
Oil is trading above $106 a barrel today on news of the continued unrest in Libya. Here in the U.S., gas prices have topped $3.50 a gallon — tha…