“The luxury industry has seen a very significant increase because there’s no doubt that with the pandemic and the way that money has been spent, the rich got richer,” says Valentino Chairman Rachid Mohamed Rachid.

"The luxury industry has seen a very significant increase because there's no doubt that with the pandemic and the way that money has been spent, the rich got richer," says Valentino Chairman Rachid Mohamed Rachid.

He talks to @flacqua https://t.co/OyXi05ncAS pic.twitter.com/0cfkUkxE0c

— Bloomberg TV (@BloombergTV) May 26, 2022