In this video, I will cover Burberry‘s (LSE: BRBY) recent earnings report, explain why the luxury market is taking a hit, and touch on other luxury stocks such as LVMH, Hermes, Swatch, and Richemont.
*Stock prices used were from the trading day of July 16, 2024. The video was published on July 17, 2024.
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Neil Rozenbaum has no position in any of the stocks mentioned. The Motley Fool recommends Burberry Group Plc. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.