China Luxury Sales Rebound as Millennials Spend

China Luxury Sales Rebound as Millennials Spend

China Luxury Sales Rebound as Millennials Spend $LVMUY, $PPRUY, $BBRYF  China’s luxury goods market is back in fashion A new China is emerging with new consumers that were not there 5 years ago that have different profiles, different expectations and different tastes. Domestic sales of Gucci handbags to Chanel cosmetics, sluggish in China for years, […]

Automotive Aristocrat Ferrari (NYSE:RACE) on Par with Apple, LVMH, Gucci

Automotive Aristocrat Ferrari (NYSE:RACE) on Par with Apple, LVMH, Gucci

Automotive Aristocrat Ferrari (NYSE:RACE) on Par with Apple, LVMH, Gucci $RACE, $LVMUY, $PPRUY, $AAPL Ferrari has a current stock-market value of about $21.4-B, and an enterprise value of about 18.5X its expected Y 2018 earnings before interest, taxes, depreciation and amortization, based on the data compiled. The iconic Italian carmaker posted over 30% adjusted EBITDA […]

Luxury Stocks Rally, Heightened Spending Goes Global

Luxury Stocks Rally, Heightened Spending Goes Global

Luxury Stocks Rally, Heightened Spending Goes Global $RACE, $PPRUY, $MAR, $HLT, $AXP The rise of Chinese middle class is helping drive luxury ownership trend. Investors have driven up the price of luxury-brand stocks around the world, expecting opulent consumption to increase amid the global economic recovery, high stock prices and the growing ranks of the […]