As prices have tumbled from February highs, shares in listed luxury companies have all the charm of an excellent investment opportunity, with the added appeal of a pandemic-proof balance sheet.
Articles on the subject: Economy
Eight months of pro-democracy protests in Hong Kong have put paid to the region's status as the number-one market for Swiss watch exports, overtaken by the United States in January. The coronavirus outbreak is likely to have further impact in the first half-year.
For luxury brands to capture and hold the attention of Asia's luxury shoppers, they must listen to fans, go behind the scenes of social media and connect with commerce.
The outbreak of coronavirus could weigh heavily on watch brands' bottom line, given that the traditional Lunar New Year spending spree didn't happen. Asia, excluding the Middle East, accounts for 44% of Swiss watch exports, suggesting a chaotic year ahead.