Luxury Profits: Carmignac's outlook and analysis

Fashion company turnovers have fluctuated in recent months, due to the geopolitical situation, the consumer crisis, and the weather. But what will happen in the coming months and, above all, what can be expected from the markets? According to Kevin Thozet, a member of the investment committee at Carmignac, an independent, family-run European investment management firm, the markets are demonstrating remarkable efficiency despite record levels of uncertainty. Thozet stressed that “catching a falling knife is never easy. Therefore, it is essential to focus on stocks with high and regular growth prospects, which tend to hold up better in the event of a moderate downturn.”