No luxury markets outperformed the FTSE 100 last year Retail The once reliable luxury market suffered last year, with even the top performers in the market only posting modest gains in a weak market. The Knight Frank Luxury Investment Index (KFLII), which tracks the performance of 10 popular investments, fell 3.3 per cent for the second year in a row. The FTSE100, meanwhile, posted gains [...]
Mulberry continues to suffer on weak luxury demand retail Consumers have continued to spend on makeup and beauty goods but have reduced their spend on some luxury items like handbags.