Swatch
Luxury Makes Gains Despite Chaos
The market proved resilient through WHO warnings of a Covid spike in Europe, huge uncertainty over Brexit and the US elections, and the collapse of the sector’s biggest deal, as investors set their eyes on 2021.
Luxury Clobbered By Covid-19
The Savigny Luxury Index (“SLI”) took a tumble this month, with the luxury sector enduring one of its worst quarters on record.
2019 Ends on a Positive Note For Luxury
Luxury investment throughout 2019 often felt like a game of musical chairs, but the year ended on a positive note, with an overall yearly gain of 44 percent for the Savigny Luxury Index.
Swatch Group Won't Renew Calvin Klein Licence Agreement
The group attributes the decision to uncertainties in Calvin Klein's management.
Luxury Stocks Rally on Report of Hong Kong Bill Withdrawal
European luxury names including Swatch and Richemont, both of which are particularly exposed to the disruptions in Hong Kong, saw shares rise on the news.