FSW Markets All Luxury Index Finishes Up After Volatile Week

FSW Markets All Luxury Index Finishes Up After Volatile Week

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...
When the correlations all go to 1

When the correlations all go to 1

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...
Another strong week for luxury equities

Another strong week for luxury equities

The FSW Markets All Luxury Index closed up almost 7 percent last week. Outside of small declines from Burberry and PVH Corp., every constituent of the index was up on the week and most of them big. The biggest gainer was Kering. On Tuesday, Kering announced that its...