Market Pulse | No Sparkle Despite Shiny Results

Savigny Luxury Index April 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) continued its sluggish performance this month, ending almost flat (SLI components actually fell an average of nearly 2 percent when expressed in local currency) compared to a drop of 0.7 percent in the benchmark MSCI World Index (MSCI).  Newsflow was good overall, with strong results and two successful IPOs, but dampened somewhat by concerns about growth prospects. Big news

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Coach profits soar, Puma slows, Issey Miyake’s design award, Savile Row defenses, SEH Kelly

Elle’s Facebook page | Source: WWD

Why Coach Continues to Bag Soaring Profits (Forbes) “The wins just keep on coming for Coach. The New York-based leather goods and accessories brand just reported a 21 percent bump in profits as sales for its fiscal third quarter rose 16.6 percent to $1.11 billion.” Puma says hit by slowdown in Europe in Q1 (Reuters) “German sporting goods company Puma said wariness among European consumers hurt its first

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Market Pulse | Status Quo

Savigny Luxury Index March 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (SLI) traded in a relatively narrow bandwidth this month, slipping 0.3 percent, whilst the benchmark MSCI World Index (MSCI) edged up 0.2 percent. Worries over a slowdown in China were offset by yet another string of exceptional results announcements, resulting in a status quo for the month of March. Big news The sector has been awash with strong results announcements with Prada,

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Market Pulse | Throwing Caution to the Wind

Savigny Luxury Index January 2012 | Source: Savigny Partners

LONDON, United Kingdom — It’s been a strong start to 2012 for the luxury good sector, as equity markets made significant gains in January. Big news The Savigny Luxury Index (‘SLI’) outperformed the benchmark MSCI World Index (‘MSCI’) by 6 percentage points, gaining 11 percent over the month of January, relative to an increase of close to 5 percent for the MSCI. Investors have been exposed to continued good news.  Indeed

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Benetton ponders delisting, Good life, Bright young things, Diesel collaboration, New extremists

Benetton Autumn/Winter 2012 | Source: Fashion Latest

Benetton to make decision on delisting (FT) “The Benetton family will decide at a board meeting on Wednesday whether to delist the Italian knitwear group known for its brightly coloured jumpers after the company posted another plunge in profits as it struggles to compete with Inditex and H&M.” Luxury Companies That Can Bring You Closer to the Good Life (Money Morning) “A lot of consumers are hurting right now,

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Thanksgiving sales record, Coach plans Hong Kong listing, Indian duties, IHT store, Louise Wilson’s world

http://www.youtube.com/watch?feature=player_embedded&v=l8_QQPjjj1k

http://www.youtube.com/watch?feature=player_embedded&v=l8_QQPjjj1k Thanksgiving Weekend Sales Increase to Record $52.4 Billion (Bloomberg) “U.S. retail sales during Thanksgiving weekend climbed 16 percent to a record, as shoppers flocked to stores earlier and spent more, according to the National Retail Federation… The number of people shopping online and at stores on Thanksgiving Day jumped to 28.7 million from

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Market Pulse | Bounce Back Amid Clouds

Savigny Luxury Index October 2011 | Source: Savigny Partners

LONDON, United Kingdom — The market roller coaster continues, but the luxury sector has once again outperformed the general market. While questions remain about the ability for China to sustain the growth of luxury brands, investors seem to be on side again, at least for now. Analysts remain divided about the future of the luxury sector in 2012, amid much macroeconomic uncertainty. Big news • Renewed confidence in the sector

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Pandora’s problems, Coach’s margins decline, H&M’s leading lady, Men’s fashion takes a risk, Military Model

Moda Operandi | Source: Refinery 29

Pandora loses its shine after profits warning (FT) “Shares in Pandora, best known for the charm bracelets that it sells in 55 countries, fell 65 per cent after it slashed its full-year earnings outlook and parted company with its chief executive less than a year after it came to market in one of the biggest IPOs in Europe in 2010.” Coach profit boosted by sales, margins a concern (Reuters) “Upscale handbag maker Coach

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Market Pulse | All Systems Go

Savigny Luxury Index May 2011 | Source: Savigny Partners

LONDON, United Kingdom — As luxury stock valuations continue to roar ahead, even as the overall market has stalled, and luxury brands go to private and public investors to finance further expansion, we take our monthly check of the Market Pulse to understand the key drivers. Big news • The Savigny Luxury Index continues its upward trend led by the bullish outlook for the sector in terms of both organic growth and acquisitions •

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