--- title: "Luxury Brands Expand European Presence Amid Sector Slowdown" type: "News" locale: "en" url: "https://longbridge.com/en/news/280101564.md" description: "Luxury brands, including Gucci, Fendi, and Bulgari, increased their store openings across Europe last year, even as the broader sector experienced a slowdown. Bloomberg posted on X, highlighting the resilience of these high-end brands in the face of economic challenges. The expansion reflects a strategic move to capture market share and cater to a growing demand for luxury goods in the region. Despite the overall market deceleration, these brands continue to invest in physical retail spaces, signaling confidence in the long-term potential of the European luxury market." datetime: "2026-03-23T05:06:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/280101564.md) - [en](https://longbridge.com/en/news/280101564.md) - [zh-HK](https://longbridge.com/zh-HK/news/280101564.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/280101564.md) | [繁體中文](https://longbridge.com/zh-HK/news/280101564.md) # Luxury Brands Expand European Presence Amid Sector Slowdown Luxury brands, including Gucci, Fendi, and Bulgari, increased their store openings across Europe last year, even as the broader sector experienced a slowdown. Bloomberg posted on X, highlighting the resilience of these high-end brands in the face of economic challenges. The expansion reflects a strategic move to capture market share and cater to a growing demand for luxury goods in the region. Despite the overall market deceleration, these brands continue to invest in physical retail spaces, signaling confidence in the long-term potential of the European luxury market. ### Related Stocks - [Kering SA (PPRUY.US)](https://longbridge.com/en/quote/PPRUY.US.md) - [KraneShares Global Luxury Index ETF (KLXY.US)](https://longbridge.com/en/quote/KLXY.US.md) - [Tema Luxury ETF (LUX.US)](https://longbridge.com/en/quote/LUX.US.md) - [LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY.US)](https://longbridge.com/en/quote/LVMUY.US.md) ## Related News & Research - [Kering to Transfer Italian Property to JV With Al-Mirqab Group](https://longbridge.com/en/news/281461070.md) - [Kering and Al Mirqab Group Finalize Joint Venture Agreement](https://longbridge.com/en/news/281405184.md) - [Key facts: Ferrari repurchased €217M buyback; Gulf showrooms reopened](https://longbridge.com/en/news/281106762.md) - [LVMH leads European luxury slump with record 28% quarterly decline](https://longbridge.com/en/news/281330991.md) - [Swiss watchmaker TAG Heuer aims to double India business in 5 years](https://longbridge.com/en/news/281644853.md)