The luxury industry appears to have broken its losing streak. After six consecutive quarters of negative sales growth, earnings data for the three months ending in September point to very slight positive growth. Depending on what organisations/brands you include in...
It is now pretty widely reported that luxury sales, particularly ‘soft luxury’, have cooled off from the breakneck growth experienced during the industry-wide super cycle that followed the pandemic. Some of the industry’s biggest names are reporting some historically...
The only certainty so far this year is persistent uncertainty. This is always true to a degree, but our clients report feeling the weight of the unknown more in their short-term and medium-term planning over the past three months than in the past few years since the...
Asset prices have recovered a fair amount of the ground they ceded after the launch of broad-based tariffs by the U.S. on April 2. However, a wave of optimism (justified or not) has swept through markets over the past couple of weeks on hopes that we are past peak...
The FSW Markets Index was on the same roller coaster ride as the rest of the equities universe last week. The index closed up 4 percent from April 4 to 11, reflecting a big recovery after closing down 4 percent during the early part of the week. Eleven of the index’s...
Our FSW Markets All Luxury Index was up almost 25 percent in mid-February. Currently, it is down around 2 percent. As of intraday today, most of the index’s constituents are down on the year with a few exceptions: Hermès (4.0%), EssilorLuxottica (2.6%), and Moncler...
