The luxury industry is losing billions in value amid the coronavirus pandemic — and many still aren't sure how devastating the full impact will be

· The coronavirus has caused a health scare throughout the world and become a worry for the global stock market.
· On February 3, when Chinese stocks opened for the first time in over a week, the Shenzhen Component Index fell nearly 8%, and the Shanghai Composite Index fell nearly 8.5%. 
· Luxury stocks were hit hard by the...