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Luxury goods are big business, but Ireland is too small for standalone shops

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Many high-end brands prefer to make a statement within the bigger landscape and ambience of upmarket department stores like Brown Thomas

One of the standout trends over the last year has been the strength and resilience in the performance of luxury brands, despite being faced with headwinds such as soaring inflation and plunging consumer confidence.

A quick glance at Chart 2 below reveals how the share prices of listed companies that own some of the world’s most recognisable and expensive luxury brands have proved a safe bet during turbulent times.

 

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