Luxury Industry Faces Deceleration as Tourism Slows -- Market Talk

Dow Jones

07/01

1112 GMT - Luxury companies should have a deceleration in the second quarter, analysts at Bank of America say in a note. The analysts forecast sector revenue down 2% in the quarter, slowing from the first three months of the year. "The key driver of the slowdown is tourism spend, in both Europe and Japan," they say. The current year is shaping up to be one of the weakest years for luxury demand, outside the pandemic, BofA says. Revenue growth and margin guidance could be revised lower again after second-quarter results, the analysts say. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

July 01, 2025 07:12 ET (11:12 GMT)

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The analysts forecast sector revenue down 2% in the quarter, slowing from the first three months of the year. \"The key driver of the slowdown is tourism spend, in both Europe and Japan,\" they say. The current year is shaping up to be one of the weakest years for luxury demand, outside the pandemic, BofA says. Revenue growth and margin guidance could be revised lower again after second-quarter results, the analysts say. (andrea.figueras@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 01, 2025 07:12 ET (11:12 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0181495838.USD","symbol_name":"施羅德新興亞洲A Acc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2548003238","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548003238","pubTimestamp":1751368320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1112 GMT - Luxury companies should have a deceleration in the second quarter, analysts at Bank of America say in a note. The analysts forecast sector revenue down 2% in the quarter, slowing from the first three months of the year. \"The key driver of the slowdown is tourism spend, in both Europe and Japan,\" they say. The current year is shaping up to be one of the weakest years for luxury demand, outside the pandemic, BofA says. Revenue growth and margin guidance could be revised lower again after second-quarter results, the analysts say. 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The current year is shaping up to be one of the weakest years for luxury demand, outside the pandemic, BofA says. Revenue growth and margin guidance could be revised lower again after second-quarter results, the analysts say. (andrea.figueras@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 01, 2025 07:12 ET (11:12 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}