Core Insights - LVMH is implementing a 'retail-tainment' strategy in Shanghai, aiming to merge shopping with experiential elements [1] Group 1: Company Strategy - The flagship store in Shanghai represents LVMH's commitment to enhancing customer experiences through innovative retail concepts [1] - This approach is designed to attract consumers by offering more than just products, focusing on creating memorable experiences [1] Group 2: Industry Trends - The trend of 'retail-tainment' is gaining traction in the luxury goods sector, reflecting a broader shift in consumer preferences towards experiential shopping [1] - Companies in the luxury industry are increasingly investing in immersive retail environments to differentiate themselves in a competitive market [1]

Core Insights - The global luxury goods sector is experiencing a prolonged slowdown in 2025, with personal luxury goods spending expected to remain flat at approximately €1.44 trillion ($1.56 trillion) after a contraction in 2024, marking one of the weakest cycles since the Great Recession [1][4] - Despite the current challenges, forecasts indicate a potential rebound in 2026, driven by renewed demand in emerging markets and early signs of recovery in Chinese consumption patterns [2][4] Industry Overview - The luxury sector is anticipated to grow between 3% and 5% in 2026, a significant improvement from the flat performance in 2025, with emerging markets, particularly Asia Pacific, playing a crucial role [4][6] - Leading brands are adjusting strategies by easing aggressive price hikes and refreshing product assortments to re-engage consumers [5][10] - The U.S.-China trade dynamics are expected to stabilize, reducing cost uncertainties for luxury goods companies and creating a more favorable environment for global luxury demand [7][10] China Market Dynamics - China's luxury goods market, valued at hundreds of billions of U.S. dollars, is positioned for mid- to long-term growth, supported by an expanding middle class and increased digital retail penetration [8][10] - Domestic luxury spending in China stabilized in the latter half of 2025, indicating potential for renewed growth in 2026 [9][10] Company-Specific Insights - **Kering**: Expected to benefit from a rebound in 2026, particularly through its Gucci brand, with projected earnings growth of 35.2% on revenue growth of 1.4% [11][12] - **Richemont**: The company's jewelry division remains resilient, and easing tariff uncertainties may alleviate previous pressures on its share price, with expected earnings growth of 10.3% on revenue growth of 6.8% in fiscal 2027 [13][14] - **Burberry**: Undergoing a brand repositioning, Burberry could see a significant tailwind from stabilization in China and emerging markets, with projected earnings growth of 67.9% on revenue growth of 3.9% in fiscal 2027 [15][16]

MILAN — The M&A scene in Italy is not winding down before Christmas. Golden Goose on Friday evening said international venture capital and private equity firm HSG will acquire a majority stake in the group, with investment company Temasek, and True Light Capital, joining as minority investors. More from WWD Funds advised by Permira, as well as other existing shareholders including Carlyle, will retain a minority investment in the group. Silvio Campara will continue to helm the company as chief executive ...

Golden Goose, the Italian maker of $500 distressed sneakers, is getting a Chinese owner https://t.co/iRRGufoZhs ...

Industry Trend - Luxury brands increased handbag prices during the post-pandemic spending boom [1] - This price increase has led to greater scrutiny of the quality of luxury handbags [1]

Industry Trends - The luxury handbag market is experiencing a decline in spending [1] - The industry is unlikely to abandon cowhide bags, which are a significant source of revenue [1]

It's just like a real estate fund. I mean, we're buying brand new Birkens and Kelly's. We are um you know, putting them in a portfolio. We have a whole portfolio construction methodology.We're using most of the breadandbut bags that are flipping over fast. And um we're then selling them and we're selling them both on digital marketplaces. So, Sbee's first dibs, my Gemma, um Christies has just did an auction of a pink crocodile.And we're also selling them in real life experiences. experiences are all the rag ...

Complaints about quality are a growing worry for brands from Chanel to Prada https://t.co/gDBdEMEBnk ...

Swiss watch exports fell for a fourth month as companies waited for the US agreement to ease punitive import tariffs to take effect https://t.co/HFhhA3Ltp8 ...

Market Trends - Luxury brands such as Louis Vuitton, Patek Philippe and Prada have bold plans for Hong Kong [1]