Analyst Sophie Lund-Yates ponders over the fading allure of ...
Analyst Sophie Lund-Yates ponders over the fading allure of luxury sector as high-end consumers curtail spending. She speculates that Burberry and other luxury retailers might bear the brunt before conditions ameliorate, especially if spending reduces more widely post 2024 festive trading period.
Luxury Sector Warning: Burberry Falls 10% After Sales Growth Slows Dramatically
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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