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Financial TimesMonday, 26 October 2026

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Luxury houses shed €250bn in value as China's shoppers tighten their belts

Sales growth slows sharply ● LVMH and Hermès suffer steepest falls ● US demand also weakens

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Le Pen launches pitch to restore unity of France battered by street protests

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Brazil run-off Bolsonaro and Lula do battle

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Power broker rides storm over Davos in the Desert

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