Luxury stocks are heading to the clearance bin
By Bloomberg Published September 24, 2024 The best luxury brands rarely go on sale. Not so their share prices. Valuations across the sector have tumbled on a deteriorating Chinese economy and sluggish US demand. But investors with a long-term view may be able to salvage something from the bursting of the bling bubble. See catwalkLouis Vuitton [...]read moreLuxury stocks are heading to the clearance bin