Richemont seen benefiting as luxury remains polarized, Bernstein says
Bernstein says Richemont is benefiting from strong structural tailwinds while the luxury sector stays polarized. The note highlights jewelry as attractive, citing superior growth and pricing power.
Richemont is benefiting from strong structural tailwinds at a time when the luxury industry remains polarized, analysts at Bernstein say in a note.
Jewelry remains one of the most attractive categories in luxury, partly due to its superior growth and pricing power, they say.
The Swiss company is le…