Luxury
Watches of Switzerland and Frasers tap into evolving US luxury sector
Tapestry acquisition of Capri will reshape the US luxury landscape, with UK-listed companies Watches of Switzerland Group PLC and Frasers Group PLC in a prime position to capitalise on emerging sector trends, reckon analysts at Shore Capital Markets. The US$8.5 billion (£6.7 billion) takeover of the owner of renowned brands…
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