Middle East tensions impact the global luxury goods industry

```htmlGolden Ten Data April 27｜According to Guoshi Zhichuntong, in Dubai's shopping malls, LV, Hermès, and Chanel are lined up in a row. The once bustling commercial corridors are now deserted. This scene in Dubai captured by the Associated Press evokes a sense of sadness. And the anxiety is not limited to Dubai, but extends to Paris. On April 23 local time, LVMH Group held its annual shareholders meeting. Europe's richest man, LVMH Group Chairman and CEO Bernard Arnault, voiced the anxiety felt across the luxury industry: "The world is currently facing an extremely severe crisis in the Middle East, which could trigger a global disaster with serious economic consequences."```