Market Pulse | Clouds on the Horizon?

| Market Pulse

Savigny Luxury Index May 2012 | Source: Savigny Partners

LONDON, United Kingdom — The Savigny Luxury Index (“SLI”) slid 5.2 percent in May, underperforming the benchmark MSCI World Index (“MSCI”) by almost 2 percentage points.  Strong results mixed with an increasingly glum outlook for Europe and indications of a slowdown in China resulted in some profit taking as investors exited the sector.  All the stocks in our index ended the month negatively. Big news Although the sector delivered

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Market Pulse | Status Quo

| Market Pulse

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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Valli girls, Hermès hikes dividend, Tiffany sparkles, Shoptiques’ ambitions, Herb Ritts

| Daily Digest

Giambattista Valli | Source: France TV

Catering to the Valli Girls (NY Times) “Mr. Valli has worn the strand of natural pearls, which he said he purchased from a maharajah in India, ever since Luigi Scialanga, who does the jewelry for his shows, told him that ‘this is you, this is going to be your signature thing.’ Mr. Valli is all about a signature.” Hermès hikes dividend as 2011 profit jumps (Reuters) “France’s Hermès affirmed its

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Market Pulse | Throwing Caution to the Wind

| Market Pulse

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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Croc phenomenon, Tiffany loses lustre, Pre-Fall confusion, Moschino at LFW, Straight talking blogs

| Daily Digest

New breed of bloggers | Source: NY Times

How Crocs Moved from Fashion Trend to $1 Billion Phenom (Forbes) “If they weren’t exactly running out to buy a pair of those bulbous bright resin (please don’t say rubber) clogs sprinkled with holes, investors sure are clamoring to snap up stock in Crocs Inc (CROX). The company whose fugly footwear has been the foundation of its business just announced it expects its full-year revenue to exceed $1 billion for the first time

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