Luxury goods could rebound on results beats, Deutsche Bank says

Impact · against what's priced in

The upcoming LVMH sales release serves as a catalyst for the luxury sector, though analyst expectations for US and China headwinds are already well-understood. While Deutsche Bank maintains 'buy' ratings, any price movement depends on whether results beat the lowered expectations currently weighing on the sector.

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In context

IP Group led a successful £4 million oversubscribed pre-Series A funding round for Matter Machine.

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• valuation▲11%
• china
• retail
• earnings
• BRBY
• IPO
• MC
• consumer stocks
• demand
• luxury goods