PARIS — Will the luxury goods business recover quickly from the impact of SARS? Or will the deadly epidemic, which has already claimed some 550 lives and infected more than 7,400 people, afflict the sector for months to come?
Investors will be looking for fresh clues this week. Hermès and Bulgari are slated to report first-quarter sales today, and Bulgari has already warned that the SARS outbreak would cause it to miss its financial targets this year.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"