The first week of the year was a weak one for most major luxury stocks as investors began acting on repeated warnings from analysts (including FSW High Frequency Luxury) and luxury CFOs that this year, particularly H1, would represent a return to normal growth rates...
On the back of expectations for a weak of revenue growth this year, luxury stocks have started the year with a beating as the Stoxx Europe 10 index continued the downward trend that started in mid-December and is down by over 200 basis points today (chart below). We...
