UBS: High-end consumer segment in the US continues to perform strongly
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Glonghui, February 3rd|UBS analysts stated in a report that the high-end consumer segment in the United States continues to demonstrate strong performance, and its importance to the luxury goods industry is on the rise. The analysts said: “We believe that by 2026, the growth of U.S. consumers will continue to outperform other countries and regions.” UBS pointed out that companies directly targeting the wealthiest customer groups are most likely to benefit from the strong performance of the U.S. market, including Richemont, Hermès, Brunello Cucinelli, and Zegna. The analysts also noted that jewelry is expected to be the category with the highest anticipated consumer spending.
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