Luxury goods stocks continue to sparkle in Switzerland

Deutsche Bank says the luxury goods sector is especially promising in the current financial climate, while Bank Vontobel in Switzerland has launched its fifth structured product based on a basket of luxury and fashion goods


Rising demand emanating from emerging markets countries means the luxury goods sector has "never had it so good", according to research from Deutsche Bank.

The report, Global Luxury Goods, Stronger Brands, Higher Profit, pinpoints several factors it says make the sector ripe for investment. Notably, it argues that since the global financial crisis, luxury goods companies have been seizing greater control over brand image, merchandising and pricing, which has resulted in increased brand awareness

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