The Luxury Stance Podcast is a Luxury Roundtable offering to members, focusing on issues, opportunities, challenges and innovations of the day affecting luxury professionals, luxury brands and those firms serving wealthy and UHNW consumers. Image: Shutterstock
European luxury conglomerates serve as bellwethers for the wider industry, and the first-quarter revenue results have provided insight into both the strengths and weaknesses of the sector, shedding light on the preferences and behaviors of luxury consumers worldwide as well as why some brands continue to defy the slowdown gripping the industry.