Like everyone else who works in luxury industry forecasting, the team at It’s A Working Title, LLC is updating our models, mostly to the effect of downgrading our start of the year expectations for small, though positive, growth in H1. With most of the January to...
The FSW Markets All Luxury Index is up over 14 percent this year. This compares with a nearly 10 percent decline in 2024. Fifteen of the index’s eighteen constituents are up, led by Richemont (up around 25 percent YTD) after their strong Q3 report, Burberry (up around...
The start of the year looks, for a potentially brief moment, like a reboot for luxury after some strong earnings releases from Brunello Cucinelli and Richemont over the past week. The sour mood surrounding the retail luxury industry, particularly luxury fashion, for...
Brunello Cucinelli continues to outperform most of the luxury industry, announcing full-year 2024 revenue growth of 12.4 percent (constant exchange rates) on January 13. With much of the luxury industry slowing from the rapid rates of growth experienced during the...
Kering has been the sick man among major luxury conglomerates for a number of years. There are many ways to measure its relative underperformance. Looking at its share price, it has fallen almost 40 percent since the start of the pandemic. This compares...
Now that the 2024 forecasts for the luxury industry have been laid out (including that of FSW: https://lnkd.in/eD6FtP4v) we start the job of observing and acting on those trends. Looking a bit backwards in the hope that it gives a small glimpse of future trends, the...
