luxury goods review

钱江湖畔

luxury goods  review,it's a good paper.

Contents
Executive summary 1
Luxury goods 3
The luxury goods sector has performed well ....................................................................3
Six-month view: bull triggers outweigh bear triggers.......................................................4
Higher and better quality top-line growth .........................................................................7
Valuation driven by ROIC recovery..................................................................................10
Company profiles
Bulgari.............................................................................................................................14
Burberry..........................................................................................................................17
Hermès............................................................................................................................20
LVMH..............................................................................................................................23
Richemont.......................................................................................................................26
Tod’s ...............................................................................................................................29