Richemont: One For The Investment Watchlist
Core Insights - The luxury market is currently experiencing a slump, yet the S&P Global Luxury Index has increased by almost 15% year-to-date, aligning with the performance of the S&P 500 [1] Group 1: Market Performance - The S&P Global Luxury Index has shown resilience with a nearly 15% increase year-to-date [1] Group 2: Analyst Background - The macroeconomist mentioned has over 20 years of experience in investment management, stock broking, and investment banking [1]