Luxury Stocks in the Tariff Storm: Pricing Power as a Lifeline in Uncertain Times!
The pricing power of luxury brands enables them to mitigate tariff costs through moderate price increases!
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I see luxury stocks as relative islands of stability in the current market environment, despite the recent tariff turbulence. The new 20% tariffs imposed by Trump on European imports have pulled the entire luxury sector down, but the fundamental strength of many premium brands remains intact. I am particularly convinced by companies like Richemont , which are better positioned against economic fluctuations due to their global presence and affluent clientele. The jewelry division with Cartier and Van Cleef & Arpels still offers price increase...
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