Monthly Archives: February 2015

Savigny Partners Newsletter

24/02/2015

Sector review

The Savigny Luxury Index lurched from crisis to crisis throughout the year, ending up bruised but not battered at the same level as the beginning of 2014.  This was in sharp contrast to the MSCI World Index (‘MSCI’), which gained 16 percent over 2014.  It has been a tough year for the luxury sector, which has been hammered by the slowdown of China, unrest in the Ukraine, protests in Hong Kong and currency headwinds. 

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