7 Luxury Goods Stocks to Buy, According to HSBC

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Hugo Boss, Tiffany, Tapestry, and other luxury good stocks that are worth buying now (via BarronsOnline)

 

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barronsonline According to HSBC? The bank involved in every major scandal of the last 2 decades? That bank? Please stick to credible sources OR call them out on their bullshit...

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Luxury-Goods Industry Has a China ProblemElite brands’ overreliance on Chinese shoppers became obvious in 2018. Among the pitfalls: Sales could turn volatile if consumers curtail spending, and courting Chinese tourists too much may cause overcrowding in European stores. Understand ur eastern customers and make sales strategies accordingly. Sincere respect is the core. ‘Non-sensing’ about volatilizing is rather destructive than constructive. Houses are eating all the money
Source: WSJ - 🏆 98. / 63 Read more »