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It's not just about tariffs; the Luxury Goods Industry is facing a perfect storm of a 'weak dollar + strong Gold.'
The threat of tariffs is just the tip of the iceberg. The depreciation of the dollar against the euro has directly weakened the profitability of European Luxury Goods companies in the USA market; the surge in Gold prices has increased the input costs for watch and jewelry manufacturers.
Lanvin Group to Report 2024 Full-Year Audited Results on April 30, 2025
Luxury Sector to Report Soft Start to Year as Trade War Takes Center Stage -- Earnings Preview
Tariffs Are Clouding Luxury's Growth. Some Stocks Are Well Positioned. -- Barrons.com
One Lanvin Group Holdings Limited (NYSE:LANV) Analyst Is Reducing Their Forecasts For This Year
Lanvin Group Holdings Ltd (LANV) (FY 2024) Earnings Call Highlights: Navigating Revenue ...