🇮🇱 Decrease in value of Europe's largest luxury companies by 251 billion. In 2026, the value of Kering, Richemont, Prada, Moncler, LVMH and Hermès will decrease by 251 billion. The decline in the value of the large luxury sector occurred against the backdrop of a decline in demand in China. Kering owns the brands Gucci, Saint Laurent, Balenciaga and others.

🇮🇱 Decrease in value of Europe's largest luxury companies by 251 billion. In 2026, the value of Kering, Richemont, Prada, Moncler, LVMH and Hermès will decrease by 251 billion. The decline in the value of the large luxury sector occurred against the backdrop of a decline in demand in China. Kering owns the brands Gucci, Saint Laurent, Balenciaga and others.

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