It has been a busy year for luxury stocks in 2021, especially due to a turbulent Chinese economy : regulations, shortages or Covid-19 have impacted the major luxury markets. What can we expect for 2022 ?
The major luxury groups have had an eventful year in 2021. LVMH, Kering and Hermès, to name a few as they are very popular in China, have sometimes experienced declines of more than 5% in the space of a few stock market sessions during the year. With the many external twists and turns impacting the stock markets, it is necessary for these luxury powers to establish a firm strategy to avoid plummeting in 2022.
Let’s take the cases individually : from January to November 2021, Kering is in decent shape with a 12% increase. LVMH also shows a nice rise of 35%. However, the prize goes to Hermès, with an increase of 81% over the first eleven months of the year. The results, especially those of the third quarter, have greatly reassured investors.
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[FR] Diplômé journaliste plurimédias en 2019, Anthony Conan a multiplié les expériences, notamment en tant qu’assistant éditorial à TF1 ou journaliste radio à RCF Bordeaux. Il se spécialise dans le montage vidéo en plus de la rédaction, et développe un intérêt particulier pour l’économie.************** [EN] Graduated as a multimedia journalist in 2019, Anthony Conan has multiplied his experiences, notably as an editorial assistant at TF1 and as a radio journalist at RCF Bordeaux. He specializes in video editing in addition to writing, and has developed a particular interest in economics.