Have You Bought These Luxury Brands?

Deloitte recently released Global Powers of Luxury Goods 2022, announcing the top 100 luxury companies in the world for 2022. The luxury sector showed strong resilience, with a cumulative decline of 8.8% in 2022, while the $S&P 500(.SPX)$ fell 19.4% over the same period. ----- [TOPIC] Have you bought these brands? Which brand will you buy as a new year gift? What's your view towards the luxury sector performance? Do you invest in luxury or luxury stocks? ---- [REWARDS] Join our topic to win tiger coins~

avatarJacksNiffler
2023-02-22

Wall Street loves Alibaba right now? What to expect from the tech giant's earnings

Since the turn of the year, more and more Wall Street banks have turned bullish on Chinese big techs, with $Alibaba(BABA)$ emerging as a favorite.It is rated “buy” by almost all analysts — 93% — covering it, according to FactSet. They give it average potential upside of 43%.It is due to report its earnings for the December quarter on Thursday. An analysis of Wall Street research reveals longer-term bullishness on the stock, though analysts warn of potential short-term pressure.Morgan Stanley $Morgan Stanley(MS)$ They estimates Alibaba’s revenue to come in 1% below consensus. However, it expects the company to achieve a 5.2% year-on-year increase in adjusted earnings before interest, taxes, de
Wall Street loves Alibaba right now? What to expect from the tech giant's earnings
avatarJune_C
2023-01-20
Great to know . Thanks 
avatarthemonkey
2023-01-20
No
avatarvalentia
2023-01-20
Only buy shares of these brands 
avatarOursBlue
2023-01-20
Yes, Gucci,LV,channel🥰🥰
avatarAlonB
2023-01-20
Purchasing luxury goods like Rolex, Hermes, Chanel, Cartier and Gucci are a worthwhile investment because they are crafted with the highest quality materials and attention to detail, ensuring that they will stand the test of time. Additionally, these brands hold a certain prestige and exclusivity that can increase in value over time, making them a smart financial investment as well.
avatarphongy 45
2023-01-19
Yes, Rolex is my interest... Time value ... I preferred this brand over others .. like the simple designs ... 
avatarShawnKoh1
2023-01-19
Bvlgari, lv, chanel, longchamp
avatarmeurasian77
2023-01-19
Huge fan of the Rolex brand since about 20 years ago. My father wore an entry level model for close to half his life and that truly inspired me to save for one. There's only one issue to owning one. It's high price. Even a stainless steel model costs around 10 thousand dollars. Rolex also make great investments if the right models are purchased. A close friend of mine quadrupled his money when he sold one of his vintage submariners recently. 
avatarnickname168
2023-01-19
The global luxury industry has had a good run over much of the past decade and signs are pointing to continued strength despite a difficult stretch during the pandemic.  Companies behind high-end, aspirational fashion brands or premium drinks brands are typically blessed with pricing power and high margins, enabling them to generate oodles of cash which can be used to fund acquisitions or progressive dividends. The sector ‘is not cheap, but luxury never is’. Investors have to pay up to access its attractive growth prospects, high barriers to entry, robust pricing power, strong cash generation and superior profitability compared to other consumer discretionary sectors, such as general retailers. Personally, I do own few luxury items, but do not own luxury stocks.  If I were to cho
avatarluv2trade
2023-01-19
The luxury sector is one of the sectors of activity in which it is possible to invest in the stock market and that many investors appreciate. While luxury stocks, like many pockets of the retail sector, have seen some challenges due to COVID-19 headwinds, they've also shown resilience. In the context of a pandemic, luxury goods companies have demonstrated their strengths such as pricing power, high profitability, cash-rich balance sheets and the benefits of digital, all leading to record sales and profit levels.  @Tiger_chat 
avatarShop
2023-01-19
Investing in luxury goods has long been an attractive alternative to investing in the stock market. A major perk of art as an asset, for example, is that its value doesn’t rise or decline with the stock market and, when sold in the future, offers the possibility of generating income or profit. We can understand why people are excited by the thought of investing in luxury goods; there’s a certain prestige attached, and luxury goods offer a possibility of cash returns. They are tangible and there’s the benefit of instant gratification, which doesn’t come with traditional investment options such as stocks and bonds. However, is buying or investing in luxury items always a wise decision? Are diamonds and handbags really your best friends? Are paintings a worthwhile investment? Just like any ot
avatarFrisbee
2023-01-19
The luxury market has been fuelled by a variety of global factors including a reopening of China’s economy, an increase in luxury demand in suburban areas in the United States and the strength of the online shopping experience. Luxury good stocks tend to cover companies that tend to operate under the consumer discretionary stock sector category. This category includes stocks that provide products and goods that people don’t necessarily need to have but instead want to have. While most of the luxury brand stocks are focused on clothing brands, it also covers other industries such as jewellery and watches, cars. When choosing stocks for your investing portfolio it is important to remember that investments will go up and down in value. As most of these companies are consumer discretionary sto
avatarJinHan
2023-01-19
Personally I do not own any of these luxury goods because they are really expensive. I am aware that many people do own one of the brands and how prices had soared over the past 3 years. One key driver which I feel will help these brands further uplift their price is the reopening of China economy. As China's economy continues to open up, luxury goods companies such as Louis Vuitton (LV), Gucci, Hermes, Chanel, and Rolex are expected to perform well. China is a major market for luxury goods, and as the country's economy continues to grow and its middle class expands, the demand for high-end products is likely to increase. The luxury goods industry has already seen a significant boost in recent years as Chinese consumers have become increasingly interested in luxury brands. This trend is ex
avatarKok
2023-01-19
I don't dig luxury goods. And in a recession, they should be one of the first to suffer. I wouldn't touch these stocks for the time being.
avataronlyYou
2023-01-18
The market for luxury goods has been fueled by the mushrooming of high-priced fashion, leather goods and watches, just to name a few, that are sought out by the growing affluent in the U.S., Europe and China. The luxury market is also more resilient than one might expect. Luxury brands cater to consumers at the upper tiers of the economic spectrum, and these customers tend to have more disposable income that isn't as affected by inflation or a slowing economy. But investing in luxury goods stocks isn't just about playing defense. This a good space to be in over the long term -- Statista calls luxury goods a $312 billion market and predicts that it will grow at a 5.4% compound annual growth rate (CAGR) over the next five years. Euromonitor forecasts that the personal premium goods market wi
avatarAhGong
2023-01-18
Luxury stocks have a place in almost any portfolio. Luxury stocks also have a history of outperforming the broader market, and, since the sector is made up of companies that have proven themselves, they are relatively low-risk investments. Investing in high-quality luxury-goods groups which are in effect a diverse portfolio of brands can be a cost-effective way of gaining broader exposure to Asia beyond China. The advantage is that one can gain from Asian growth but often from lower-risk, more stable stocks than those that tend to be available locally.  Given that luxury goods are growing at rates higher than GDP, you are getting more “bang for your buck” buying luxury stocks than simply betting on global equities. The sector may look expensive, but it is worth the geared play on glob
avatardeal2deal
2023-01-18
I bought $LVMH-Moet Hennessy Louis Vuitton(LVMHF)$ wallet as a new year gift.  I also invest inluxury brands. The best luxury brands to invest in are Dior, Hermes, Chanel, and Louis Vuitton. They normally hold their value the best and are easier to resell. Some items even go up in value if you choose the right classic piece. Luxury brands are basically immune to price structuring and inflation. “Their margins are high, and they can put up their prices, because that is what their deep-pocketed customers already expect.” So when investing and reselling the item, you might expect the same high return. There’s one key pointer to keep in mind when making your luxury investment, however: authenticity. Whether you are buying diamonds or handba
avatarOptionspuppy
2023-01-18
The reopening of China’s economy has been a boon for the stocks of the London-listed Luxury and Value-Added Manufacturing Holdings plc (LVMHF). The company is a leading provider of high-end, value-added manufacturing services to the luxury goods industry and the reopening of China’s economy has enabled it to expand its operations and increase its customer base. @Daily_Discussion @TigerEvents @TigerStars  dofeature me on this detailed analysis on lv Shares  The Chinese economy has been on the rise since the government implemented a series of economic reforms in the late 1970s. As the country’s economic growth
avatarGlobalrisk.fund
2023-01-18
Yes, at times I buy luxury brands. But not so much for the fact that they are expensive, but for the quality product. They can hold the value, and if you have the provenance to confirm the origin of  the product, it can at times be worth more. They get through bad times, and shine in good times. For me though quality is more important than anything else. One of my favourite brands are Tissot that also make reasonable priced products. And Chanel you can never go wrong with for a New Year present. Unfortunately most companies don't seem to give shareholder discounts.  But I hope someone can prove me wrong on that one.