Strong increases in share prices reflect investor sentiment that the luxury industry has already bounced back from the Covid-19 crisis, with record valuations.
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Several major transactions involving luxury companies took place in the last quarter 2020, with analysts forecasting more mergers and acquisitions activity in the months to come. Luxury titans, private equity investors and Chinese conglomerates are leading the fray.
The gap continues to widen between luxury watches and entry-level, resulting in a slight increase in total export value alongside a drastic decline in volume. Suppliers suffer as the sector becomes increasingly consolidated.
Vibrant colours, new interchangeable straps and ornamental stone dials… Cape Cod rings the changes for its quarter-century in characteristically standout style.