Previous close | 2,196.00 |
Open | 2,184.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 2,145.00 - 2,184.00 |
52-week range | 1,652.60 - 2,432.00 |
Volume | |
Avg. volume | 1 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
In this article, we discuss the top 11 luxury clothing stocks to invest in now. To skip the detailed analysis of the luxury goods industry, go directly to the Top 5 Luxury Clothing Stocks to Invest in Now. Brand Affinity Guides Spending Behavior In an interview with CNBC on March 7, the CEO of luxury […]
A Citi analyst contends Hermès is set to surpass its biggest competitor in the next few years and become the largest luxury fashion brand.
Major luxury brands including Hermes (RMS.PA), Tapestry (TPR), and Ralph Lauren (RL) reported earnings this week that suggest the impact of the pandemic is in the past. Another sector of luxury could also soon be set to see a boom: Travel. Amanda Frasier, Forbes Travel Guide President of Ratings, joins Yahoo Finance Live to discuss the uptick in luxury travel and experiences. “2024 is predicted to have as much boom as 2023,” states Frasier, who expects premium travel to fare the same. Frasier notes that premium-payers generally want “frictionless travel,”—experiences that have more offerings that allow travelers to plan less. Frasier sees “a lot of activity” in the US south for luxury travelers due to increased domestic travel and more luxury hotels in cities such as Nashville and New Orleans. The Middle East appears to be seeing strong demand, notes Frasier, despite geopolitical tensions—with travelers visiting Dubai frequently. The most “instagrammable” hotel, according to Forbes Travel Guide, is the Waldorf Astoria Los Cabos Pedregal, which Frasier notes is a “beautiful destination.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim