LUX The Luxury ETF Loading...

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07:06
Jun 25
Catherine Senior Consumer Retail Tech Analyst, Bloomberg Intelligence Bloomberg Markets
Ultra-luxury brands win selective China spending.
Chinese luxury consumers are becoming more selective but trading up. Over 80% of surveyed respondents willing to buy luxury goods plan to spend more than before. Ultra-premium brands like Chanel, Hermès, Cartier, Bvlgari, Van Cleef & Arpels and Dior are the main beneficiaries, especially among millennial shoppers.
LUX 1ST
MED

About LUX Analyst Coverage

Buzzberg tracks LUX (The Luxury ETF) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade ideas tracked. Past 7 days: 1 bullish. Latest voices: Catherine.