The new rules will force groups including LVMH, Chanel, Prada and Inditex to rethink how they manage excess stock, customer returns and discounting – with luxury brands facing particular pressure to protect scarcity and brand value.
The RBA raised rates at its first three meetings of the year to 4.35% to tackle renewed inflation pressures
Brent crude rose as President Donald Trump said the United States was "not finished" attacking Iran.



















