Wealth creation benefits everyone. But when those who have do better than those who do not, luxury stocks — you would think — should outperform. Investors, however, should be focusing on a different sort of inequality. In the context of slowing luxury spending globally, the sector’s companies are increasingly divided between the haves and the have-nots.
創(chuàng)造財(cái)富使每個(gè)人受益。但是，當(dāng)富人比窮人過(guò)得更好時(shí)，奢侈品股——你會(huì)認(rèn)為——應(yīng)該表現(xiàn)出色。不過(guò)，投資者應(yīng)該關(guān)注另一種不平等。在全球奢侈品消費(fèi)放緩的背景下，該行業(yè)的公司越來(lái)越分為富人和窮人。
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