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EL - EssilorLuxottica SA News Story

€140.18 0.0  0.0%

Last Trade - 17/05/21

Sector
Consumer Cyclicals
Size
Large Cap
Market Cap £52.73bn
Enterprise Value £55.78bn
Revenue £12.40bn
Position in Universe 18th / 850

BUZZ-European luxury: Down on China virus scare

Mon 27th January, 2020 8:28am
** European luxury stocks fall amid growing anxiety about
the economic impact of China's spreading virus outbreak
    ** Gucci-owner Kering  PRTP.PA , LVMH  LVMH.PA , and
Burberry  BRBY.L  down 4-5%, while Dior  DIOR.PA  plummets 10%
    ** Shares of Swiss watchmakers Swatch  UHR.S  and Richemont
 CFR.S  slide around 2-3%
    ** Airport retailer Dufry  DUFN.S  falls around 4.5%, having
lost 9.5% since the virus was first reported
    ** RBC says there is a near-term downside risk for luxury
goods and premium brands, given that China exposure today is
higher than at any point in the past
    ** The broker says the stocks most exposed are Swatch,
Richemont and Burberry whilst EssilorLuxottica  ESLX.PA , PUMA
 PUMG.DE , PANDORA  PNDORA.CO  and Hugo Boss  BOSSn.DE  are
least exposed

 ((bartosz.dabrowski@tr.com))
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