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Swetha Ramachandran - 2 Gucci - 1 Richemont - 1
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Global - 1 Artemis - 1 GAM Investments - 1

Search resuls for: "Swetha Ramachandran"


3 mentions found


☆ Richemont have been 'clear they are not for sale,' says fund manager
  + stars: | 2023-09-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRichemont have been 'clear they are not for sale,' says fund managerSwetha Ramachandran, fund manager at Global Equities Artemis, discusses the luxury sector and what moves brands such as Gucci, Richemont and LVMH are making.
Persons: Swetha Ramachandran, Gucci, Richemont Organizations: Global, Artemis
☆ 'Feel good factor' of travel encourages purchase of luxury goods, investment director says
  + stars: | 2023-07-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Feel good factor' of travel encourages purchase of luxury goods, investment director saysSwetha Ramachandran, investment director for luxury equities at GAM Investments, discusses the outlook for luxury goods, saying it is strongly linked to tourism due to the feel good factor travel brings, as well as tax and price differences tourists benefit from.
Persons: Swetha Ramachandran Organizations: GAM Investments
☆ Chinese savers stashed away $2.6 trillion last year but property crash will cool ‘revenge spending’
  + stars: | 2023-02-07 | by ( Laura He | ) edition.cnn.com   time to read: +6 min
Burberry (BBRYF) said last month that it’s seeing “very promising” signs in China, according to Reuters. Since real estate accounts for 70% of household wealth in China, “revenge spending” will be limited, analysts said. They expect household consumption growth to rebound to 9.5% in 2023 from about 3% in 2022, fueling annual GDP growth of more than 5%. Morgan Stanley analysts expect to see some “revenge spending” mostly from household with stable incomes. They’re expecting household consumption growth to rebound to 8.5% in 2023, contributing to full-year economic growth of 5.7%.
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