30 Dec '16, 9am

Best-performing companies for fashion, luxury come from US, says BCG

Best-performing companies for fashion, luxury come from US, says BCG

"If not a surprising finding, certainly noteworthy, is seven out of the top ten public value creators are US-based, reflecting the confidence of investors in the near-term and mid-term future of this geographic market, driven by male Millennials behaviors, driven by the Founders generation notably in apparel and Millennials generation notably in footwear, and driven by accessible-luxury supply," said Christine Barton, senior partner at Boston Consulting Group . "In recent years, the luxury and fashion industry established a solid record of strong value creation for shareholders, in part fueled by expansion and down-aging of wealthy classes, the emergence of middle, consumptive classes in developing markets, and the creation of accessible-luxury supply in markets like the U.S. From 2009 through 2013, for example, fashion and luxury ranked first in total shareholder return a...

Full article: https://www.luxurydaily.com/best-performers-for-fashion-l...

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