Cie Financiere Richemont,Luxury goods | Global Luxury Goods Monitor | Quarterly Review | Q3'18
In this snapshot, we discuss the current trading environment in the luxury sector. We review the trading updates and feedback from management calls for luxury peers (Kering, Hermes, LVMH, Tapestry, Ralph Lauren, Hugo Boss, Pandora and the Hong Kong jewellery retailers).We highlight the relevant industry data points (Swiss watch exports, China Retail sales, Hong Kong Retail sales, trade wars and Daigou trade crackdown) to provide an outlook for the sector for rest of the year.
We also provide a brief preview of Richemont's H1'19 results expected on Friday (09 November).
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