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Vaccine Optimism Boosts Luxury

Data from an Israeli study that showed vaccines’ effectiveness is curbing the coronavirus pandemic gave luxury shares a welcome shot in the arm this month.
Coronavirus vaccine
Coronavirus vaccine. Getty Images. (MIGUEL MEDINA)
By
BoF PROFESSIONAL

Covid continued to dominate news headlines this month with an Israeli study, the first of its kind, underscoring the effectiveness of the vaccines in preventing infection. Positive news from the Biden administration in accelerating the vaccine rollout in the US, as well as the success of the UK’s vaccination programme added further hope that the pandemic will eventually be brought to heel.

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