Luxury brands riding high on stock market (AFP)

By admin on July 10th, 2011

Placards left by women's rights activists adorn a Prada storefront window in Hong Kong last month as the Italian luxury fashion house made its debut on the Hong Kong Stock Exchange. Purveyors of luxury and indulgence flirted with record stock market valuations this week as investors looked past a litany of bad economic figures and the eurozone debt crisis to focus on the fundamentals.(AFP/File/Mike Clarke)AFP – Purveyors of luxury and indulgence flirted with record stock market valuations this week as investors looked past a litany of bad economic figures and the eurozone debt crisis to focus on the fundamentals.


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