Paris, a hub for luxury goods and fashion, is experiencing a slowdown in its stock market. The decline has impacted companies such as Kering and LVMH, major players in the industry. This downturn can be attributed to factors like decreasing consumer spending and shifting preferences towards more affordable and sustainable options.

Source: https://www.bloomberg.com/news/newsletters/2024-10-25/paris-stock-market-hit-by-luxury-slowdown-impacting-kering-lvmh