Global
Luxury stores in France have reinforced their security measures and fortified their glass facades in anticipation of protests scheduled for Saturday, following a wave of vandalism and looting that targeted hundreds of shops across several French cities last week. Employees reported that stores such as "Rolex" and "De Beers" near Place Vendôme in Paris will remain closed, while other shops are considering reducing their operating hours depending on how the protests evolve. As part of the security preparations, French Interior Minister Laurent Nunez announced the deployment of 70,000 police officers supported by specialized units to prevent a resurgence of violence. Student groups and the Yellow Vests movement plan to hold a march in central Paris protesting rising living costs and cuts to public service spending. These developments come amid a slowdown in demand and weakening consumer confidence in luxury brands, raising concerns about the impact of security unrest on shopping and tourism sectors in France.
