Agenda-setting intelligence, analysis and advice for the global fashion community.
The Savigny Luxury Index (“SLI”) fell 3.2 percent this month while the MSCI edged down half a percent. Suspense kept on mounting around the controversial US tax reform and on Trump’s war of words with Kim Jong Un, while the EU and Britain continued to dilly-dally over Brexit. All of this uncertainty poured cold water over a string of largely positive results announcements. On balance US stocks did very well in November, whereas European luxury groups fell to the tune of five points with Swiss hard luxury players seeing an even higher decrease.
Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.
