The European stock market has been buzzing with the rise of a select group of heavyweights, affectionately called the GRANOLAS. Coined by Goldman Sachs, this nickname refers to eleven European companies that have eclipsed the broader stock market’s performance in recent years. In this blog post, we will delve into who the GRANOLAS are and why they have become Europe’s magnificent stocks.
The European luxury sector, renowned for its elegance and timeless appeal, finds itself at a critical juncture in 2024. As the global market grapples with the aftermath of the pandemic, luxury brands face a range of challenges and opportunities. This article explores insights from various sources to shed light on the outlook, focusing on the significance of Chinese consumer behavior, the performance of key luxury players, and the potential for growth and transformation.