IWT Markets Wire
Real-time market intelligence & data strategy
The It’s A Working Title Markets Wire service (IWT Markets Wire) delivers real-time insights tailored specifically for the luxury industry. By tracking key economic indicators, consumer sentiment, and global market shifts, we provide an exclusive view into the cyclical and structural trends shaping luxury consumer behaviour and purchasing power. IWT Markets Wire produces forecasts for the industry using our own structural, econometric forecasting model as well as select machine learning algorithms to explore consumer trends across developed and emerging market economies. We also prepare our own All Luxury stock market index to give a clear picture on major industry market movements.
Luxury Asset Have Performed Poorly This Year
The Q3 premium market earnings have been a bit of a mixed bag as we have been reporting over the past two weeks. To take another cut, let's look at the year-to-date returns for a wide variety of global asset classes and compare with them with our FSW Markets All...
Introducing the FSW Markets Instagram Shoppability Index
The FSW Markets team created an index of Instagram content shoppability with a select range of luxury brands to evaluate which brands use Instagram’s built-in shopping features and functionality. The “mostly shoppable” category is a signal of customer-centric,...
Luxury Among the Worst Performing Sectors this Week
It was a generally turbulent week for global markets with most major indices closing down. The S&P 500 was down 1.4%, the FTSE 100 down 0.9%, and the Nikkei 225 was flat on the week. The CBOE Volatility Index, which many call the market’s “fear gauge” ticked up 12...
Prada Group reports decent earnings, driven by Miu Miu
Prada released its Q3 earnings in the mid-afternoon, Central European time, on October 30 and met analyst expectations for continued strong volume growth at Miu Miu. Net revenues in Q3, compared with Q3 2023, were up 18 percent for the Prada Group. The Prada brand...
No Big Surprises in Kering and Hermès’ Q3 Earnings Reports
No trough in sight for Gucci On the heels of the broader slowdown in the luxury sector and clouded Q3 earnings from peers like LVMH and Swatch Group last week, Kering's disappointing Q3 results were largely anticipated. The group, home to the fashion giant Gucci and...
Market Expects Mixed Results from Q3 Luxury Earnings Reports this Week
After last week's mixed bag of Q3 earnings from LVMH and Brunello Cucinelli, this week we turn attention to what will probably be another set of mixed results from Kering and Hermès. Kering is set to release its Q3 2024 earnings report on October 22 after market close...
A tougher than expected start to luxury earnings season
Analysts expect weak H2 results from luxury so forecasts for the Q3 earnings season, which kicked off this week, were low. So far, those expectations are not proving low enough. The industry’s giant, LVMH, which has a market capitalization greater than its six largest...
Q3 Earnings Reporting Season Starts Next Week
After luxury brands reported a generally poorer than expected H1 and gloomy forward guidance (with some notable exceptions), we are gearing up for the start of Q3 earnings releases next week. The newly re-branded FSW Markets will be previewing market expectations over...
Tapestry to sell Stuart Witzman
According to Footwear News, Tapestry is reportedly close to selling its Stuart Weitzman brand. The sale comes as Tapestry is preparing to face the Federal Trade Commission over its attempt to stop the $8.5 billion purchase of Capri Holdings Limited. Seeking...
Burberry’s woes continue as it is ejected from the FTSE 100
The decision of the FTSE Russell to relegate Burberry from the FTSE 100 to FTSE 250 index on September 5 is not a surprise. Membership in the FTSE 100 is reviewed quarterly and there are usually a change or two. One of the key criteria is market capitalization, which...