Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.
High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
Last updated: 2026-04-22 15:29:39 ET
High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
The decision puts into question a $745 million judgment against Chevron to help restore coastal wetlands in Louisiana that were damaged as long ago as World War II.
It could take years to repair damaged energy infrastructure in the Middle East and restore production to prewar levels.
Authorities say heavy rains in northwestern Haiti killed at least 12 people, flooded farmland and damaged hundreds of homes
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