Luxury Stocks: Once a Cyclical Growth Opportunity, Now a Secular One

Jessica Gerberi, CFA
February 2, 2021

In prior economic cycles, the global luxury industry has shown characteristics of cyclicality, but in the past several years, the industry has experienced an unprecedented run, driven by structural growth themes. Increased adoption of ecommerce and a focus on the Chinese consumer have transformed the luxury industry and provide tailwinds for future growth.

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