How a pandemic, inflation, and war affects the business of luxury goods

There may be little that economic sanctions can do to aid the valiant efforts of Ukrainians on the ground as they defend their country from Russia’s increasingly brutal invasion tactics. Still, the coalition of governments representing the West that includes members of NATO and the European Union are continuing to impose further economic hardship wherever it can and disrupt trade with the Russian Federation that could have long-term implications for many industries going forward.