Europe's Luxury Sector Shows Signs of a Turnaround! However, Risks Remain

Europe's crisis-hit luxury sector shows signs of recovery following a positive earnings season. However, ongoing weakness in China and the prospect of U.S. tariffs could mean that even the most exclusive brands will continue to struggle for market share. The latest industry figures indicate a turning point The year 2024 has been one of the toughest years for the sector. Stocks of numerous fashion brands have come under pressure and have performed below expectations. Analysts now anticipate that there will be some level of normalization throughout...