SGAM_Vortrag_Lasnier de Lavette - FONDS professionell
SGAM_Vortrag_Lasnier de Lavette - FONDS professionell
SGAM_Vortrag_Lasnier de Lavette - FONDS professionell
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What is Luxury?Our vision of the Luxury sector[ Luxury & Lifestyle Strategy ] The traditional vision of the luxury market which comprises 4 main sectors and 30 stocks:PerfumesandCosmeticsWatchesandJewelry« Haute couture »andReady to wearLeather Goodsand Accessories <strong>SGAM</strong>’s Luxury universe can be enlarged to inclu<strong>de</strong> other products or services andrepresents nearly 140 stocks: Luxury cars. motorcycles. boats Wine. Champagne and spirits Sporting goods Home accessories Hotels cruises and travel services Lifestyle /Medical equipment of premium quality Private management banks…A less restricted universe than the MSCI World Textile Apparels and Luxury goods one, which takeinto account all products or services that benefit from a high quality and/or a brand image.January 08Société Générale Asset Management4