Goldman Sachs Sees Luxury Goods Sales Momentum Picking Up Soon
Bitget2026/10/22 13:56- Goldman Sachs Research expects luxury goods sales momentum to improve soon, rejecting the view that the sector faces prolonged stagnation.
- High-end brands’ price increases, estimated at around 60% between mid-2019 and mid-2026, weakened demand and benefited more affordable competitors.
- New creative leadership could revive consumer interest, though shoppers likely need three to four collections to recognize changes.
- US luxury demand has strengthened since the pandemic, prompting more store openings in a market the report considers underpenetrated.
- Covered companies averaged 6% annual revenue growth over 25 years; sales exceed levels implied by that growth rate since 2019.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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