Published Jun 25, 2026, 6:00 AM ET · Updated 5 months ago · 1 source
AI IPO Wealth Seen Bolstering Luxury Industry Hurt by Iran War
bloomberg
·
Original Report
INFERY
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.