Luxury goods sector Loading... : Investor Sentiment and Bull/Bear Views

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12:12
Jan 16
Erwan Rambourg Global Head of Consumer and Retail Equity Research, HSBC Bloomberg Markets
Luxury recovery as aspirational consumer returns
Luxury is past the worst: two years of muted sales and 'greedflation' pricing out the aspirational consumer, but China is stabilizing ('stable is the new up'), the wealthier US consumer is spending again, and new product and pricing initiatives should bring the aspirational consumer back, with those doing well still doing well.
HIGH

About Luxury goods sector Investor Commentary

Across the available history and selected sources, Buzzberg tracks Luxury goods sector across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Erwan Rambourg.