bullish
The Art of Resilience
SUMMARY
- In the face of potential recession and inflationary pressures, the luxury goods market stands out from its peers.
- This resilience can largely be attributed to strong pent-up demand following pandemic lockdowns, coupled with the spending power of high-end consumers.
- One of the leaders of the space is Global Blue Group, a tax-free shopping-focused company that had a turbulent introduction to public markets in 2020, through a SPAC deal, amidst the pandemic.
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