A former LVMH exec says the coronavirus outbreak is a 'disaster' for luxury brands as Chinese tourism evaporates

3:03am PST - February 20th, 2020    yahoo finance - Business Insider

A former LVMH chairman described this year as a "disaster" for luxury brands as the coronavirus continues to cause concern. In an interview with Yahoo Finance, industry expert Pauline Brown said that because of the outbreak luxury brands are losing out on sal…