From January 2019 to June 2023, spanning three phases, including pre-pandemic, pandemic, and post-pandemic, the Luxe.CO Luxury Industry Stock Index has grown from 121.9 to 272.8, representing a surge of approximately 124%. This indicates the luxury industry’s enhanced resilience and rebound capabilities in the turbulent market environment.
Among them, the combined market value of the three major luxury conglomerates, LVMH (Louis Vuitton Moet Hennessy), Richemont, and Kering, has increased by 168%, significantly outperforming the overall market. Bernard Arnault, Chairman of LVMH, …
