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Global Luxury Market Reacts to Russian Invasion of Ukraine

Luxury and retail analysts say the growing crisis could cause a ripple effect that depresses consumer sentiment around the world.
A military truck in central Kyiv after Russia began a large-scale attack on the Ukraine.
A military truck in central Kyiv after Russia began a large-scale attack on the Ukraine. (Getty Images)

European stocks and US equity futures fell Thursday morning as investors raced to transfer assets to lower-risk investments like government debt and gold following Russian military strikes across Ukraine.

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Robert Williams
Robert Williams

Robert Williams is Luxury Editor at The Business of Fashion. He is based in Paris and drives BoF’s coverage of the dynamic luxury fashion sector.

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