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The World’s Famed Shopping Streets Are Preparing for the Worst

Covid-19, protests and falling sales have crushed luxury-shopping districts. Can they bounce back and have a happy holiday?

Photographer: Victor J. Blue/Bloomberg
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World-famous shopping districts are preparing — and bracing — for a holiday season unlike any they’ve ever seen.

Many consumers are still wary of visiting stores, with the coronavirus pandemic reignited in much of the world. Travel restrictions will also slash the number of wealthy tourists normally relied upon to spend oodles of cash this time of year.