Luxury spending has been booming over the last couple of decades, but many high-end brands have been taking a financial hit.

Gucci, Chanel, and Louis Vuitton have been seeing significant revenue falls since the Covid-19 pandemic.

Fisher Funds' Sam Dickie reveals what could be behind the downturn.

LISTEN ABOVE

Luxury spending has been booming over the last couple of decades, but many high-end brands have been taking a financial hit.
Gucci, Chanel, and Louis Vuitton have been seeing significant revenue falls since the Covid-19 pandemic.
Fisher Funds' Sam Dickie reveals what could be behind the downturn.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Sam Dickie: Fisher Funds expert on the luxury sector's economic troubles

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f3d2776e-5107-4209-aea9-b347008427c9/transcript