LIVE MARKETS-China luxury: brand by brand
The Chinese luxury market is characterized as unique, sophisticated, complex, and competitive, according to Rothschild & Co Redburn analyst Emily Cooledge. Despite a challenging start to 2026 for European luxury stocks, Cooledge notes a gradual return to positive growth, albeit slower than before. She highlights varying strategies among major brands like LVMH, Hermes, Burberry, Kering, Prada, Moncler, and Richemont in addressing the Chinese consumer, indicating significant opportunities within the luxury sector. Overall, sentiment is stabilizing, with strong absolute demand remaining.