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Podcast: Money Matters with Hongbin Jeong and Chua Tian Tian
Episode: Wealth Tracker: Is the luxury sector on the brink of a crisis or a comeback?
Description: Iconic brands like Louis Vuitton, Gucci, and Cartier are facing slowing sales and falling share prices, but is this the end of an era or just a temporary pause? A new Morningstar report suggests it’s cyclical, not structural, and for savvy investors, that could mean opportunity. The big questions: how to reignite Chinese demand, appeal to younger shoppers, and spot the best investment plays in luxury right now. On Wealth Tracker, Hongbin Jeong speaks to Jelena Sokolova, Senior Equity Analyst, Morningstar, to find out more.See omnystudio.com/listener for privacy information.