19 days ago • Posted by William Ramstein

European luxury-goods sector should bounce back strongly

With positive earnings results, easing of lockdowns and channel effects all inspiring growth, certain trends have been in line with expectations. Q1 revenue results in many cases have beat consensus expectations--Jefferies believe the industry should post a 21% rise in revenue on year in 2021 taking on the highs seen in 2018.

Source: Dow Jones Newswire

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