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AI IPO Wealth Seen Bolstering Luxury Industry Hurt by Iran War
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AI IPO Wealth Seen Bolstering Luxury Industry Hurt by Iran War

Bloomberg Markets · Jun 25, 2026, 10:00 AM · Also reported by 1 other source

The luxury sector is set to grow more slowly than previously predicted because of the Iran war, but wealth creation from the SpaceX listing and future US share sales by OpenAI and Anthropic could cushion the blow for struggling brands selling pricey handbags and watches, according to Bain & Co.

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BBC News Oil price falls to levels not seen since before Iran war

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