Bloomberg Daybreak: Europe Edition cover image

US Treasury Yield Curve Disinverts, JP Morgan Sours on China, & Burberry's New CEO Inherits Old Baggage

Bloomberg Daybreak: Europe Edition

CHAPTER

Challenges and Contrasts in the Luxury Sector During Economic Slowdown

This chapter discusses the challenges luxury brands like Burberry and Gucci face when implementing turnaround strategies in response to a global demand slowdown. It contrasts their struggles with the continued success of more exclusive brands like Hermes, emphasizing the need for adaptive commercial strategies in a changing market.

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