Retail, Luxe Sectors Battle Shock Waves From War and Sars
Goldman Sachs in London downgraded its stance on the European luxury sector due to concerns over an extended war in Iraq and the deadly SARS virus.
From This Issue
CHEERS FOR BRAVO: Rose Marie Bravo, chairman and chief executive officer of Burberry, has been elected to the board of Estée Lauder Cos. Leonard A. Lauder, Lauder chairman, said in a statement: “We’re very pleased. Her extensive…