Apr 9, 2025
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...
Feb 23, 2025
Our FSW Markets All Luxury Index was down 6 percent over the past week, following a sharp decline in LVMH after releasing its full-year 2024 earnings report on January 27. Half of the index’s 18 constituents were down as LVMH was joined by Ralph Lauren, Tapestry,...
Feb 17, 2025
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...
Feb 14, 2025
When scrolling the luxury news during the past few earnings seasons, it is becoming increasingly less remarkable to see the latest autopsy of a global luxury crisis followed by deep dives into the income statement of Hermès that use words like “remarkable” and...
Feb 11, 2025
Kering has been the sick man of the luxury for a while now. Their participation in the post-pandemic luxury top-line growth party was substantially less than that of many of its competitors (e.g., revenue growth in 2021 was 10 percentage points lower than LVMH) and...
