WWD.com/business-news/financial/the-price-of-luxury-debt-burden-strains-more-european-firms-1853915
financial
financial

November 10, 2008

The Price of Luxury: Debt Burden Strains More European Firms

By Andrew Roberts
with contributions from Melissa Drier, Luisa Zargani, Alessandra Ilari
financial/news
MILAN — Forget yo-yoing stock prices for a moment. What does the financial crisis really mean for European fashion and luxury goods houses over the next 12 to 18 months?