Luxury Companies Could Raise Prices to Mitigate Tariffs -- Market Talk

Dow Jones2025-04-03

1113 GMT - Luxury companies' pricing power could help them pass the impact of tariffs on to consumers, Morningstar analyst Jelena Sokolova says. The biggest risk for the luxury industry isn't the tariffs directly, but the impact that they have on economic growth and consumer sentiment, she says. Duties that target imported products from the E.U., the U.K. and Switzerland are the most relevant for the luxury sector, while the 36% tariff on Thailand affects Pandora, with most manufacturing in this region and more affordable price positioning, the analyst says. Shares in LVMH, Kering and Hermes fall more than 3%. Richemont, Swatch Group and Watches of Switzerland are the hardest hit in the luxury space. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

April 03, 2025 07:13 ET (11:13 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2524230123?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-04-03 19:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2524230123","market":"other","top_or_hot":-1,"title":"Luxury Companies Could Raise Prices to Mitigate Tariffs -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1113 GMT - Luxury companies' pricing power could help them pass the impact of tariffs on to consumers, Morningstar analyst Jelena Sokolova says. The biggest risk for the luxury industry isn't the tariffs directly, but the impact that they have on economic growth and consumer sentiment, she says. Duties that target imported products from the E.U., the U.K. and Switzerland are the most relevant for the luxury sector, while the 36% tariff on Thailand affects Pandora, with most manufacturing in this region and more affordable price positioning, the analyst says. Shares in LVMH, Kering and Hermes fall more than 3%. Richemont, Swatch Group and Watches of Switzerland are the hardest hit in the luxury space. (andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 07:13 ET (11:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luxury Companies Could Raise Prices to Mitigate Tariffs -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuxury Companies Could Raise Prices to Mitigate Tariffs -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-03 19:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1113 GMT - Luxury companies' pricing power could help them pass the impact of tariffs on to consumers, Morningstar analyst Jelena Sokolova says. The biggest risk for the luxury industry isn't the tariffs directly, but the impact that they have on economic growth and consumer sentiment, she says. Duties that target imported products from the E.U., the U.K. and Switzerland are the most relevant for the luxury sector, while the 36% tariff on Thailand affects Pandora, with most manufacturing in this region and more affordable price positioning, the analyst says. Shares in LVMH, Kering and Hermes fall more than 3%. Richemont, Swatch Group and Watches of Switzerland are the hardest hit in the luxury space. (andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 03, 2025 07:13 ET (11:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4202","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2524230123","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2524230123","pubTimestamp":1743678780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1113 GMT - Luxury companies' pricing power could help them pass the impact of tariffs on to consumers, Morningstar analyst Jelena Sokolova says. The biggest risk for the luxury industry isn't the tariffs directly, but the impact that they have on economic growth and consumer sentiment, she says. Duties that target imported products from the E.U., the U.K. and Switzerland are the most relevant for the luxury sector, while the 36% tariff on Thailand affects Pandora, with most manufacturing in this region and more affordable price positioning, the analyst says. Shares in LVMH, Kering and Hermes fall more than 3%. Richemont, Swatch Group and Watches of Switzerland are the hardest hit in the luxury space. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4202":"服装、服饰与奢侈品","PNDRY":"Pandora A/S","BK4585":"ETF&股票定投概念","LVMUY":"路易威登","SWGAY":"Swatch Group AG","BK4588":"碎股","CFRUY":"历峯集团"},"translate_title":"奢侈品公司可能会提高价格以减轻关税——市场传言","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CFRUY":0.9,"PNDRY":0.9,"LVMUY":0.9,"SWGAY":0.9},"content_text":"1113 GMT - Luxury companies' pricing power could help them pass the impact of tariffs on to consumers, Morningstar analyst Jelena Sokolova says. The biggest risk for the luxury industry isn't the tariffs directly, but the impact that they have on economic growth and consumer sentiment, she says. Duties that target imported products from the E.U., the U.K. and Switzerland are the most relevant for the luxury sector, while the 36% tariff on Thailand affects Pandora, with most manufacturing in this region and more affordable price positioning, the analyst says. Shares in LVMH, Kering and Hermes fall more than 3%. Richemont, Swatch Group and Watches of Switzerland are the hardest hit in the luxury space. (andrea.figueras@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 03, 2025 07:13 ET (11:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2524230123","isCrawlerRequest":true}