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Luxury & Fashion: Luxury: Q3 quite reassuring and optimism prevails for Q4
Luxury & FashionLuxury: Q3 quite reassuring and optimism prevails for Q4
Initial worries about China and the US…
… but more fear than pain!
Groups that surprised positively
Groups that were in line or below expectations
Supply chain issues are not a source of concern for the luxury sector
Two-year stacked acceleration to 11% vs. +6% in Q2
We see Q4 trends broadly in line with Q3 performances
Recent rebound of luxury groups share price
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Bryan Garnier
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
Loic Morvan
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