China and Emerging Markets on the Path to Stabilization: 3 Global Luxury Stocks to Watch for 2026

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Dec 19 2025

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Source: NASDAQ.COM

Global Luxury Market Slowdown: In 2025, the luxury goods sector experienced a slowdown due to economic challenges, changing consumer preferences, and geopolitical issues, with spending expected to remain flat at around €1.44 trillion after a contraction in 2024.
Anticipated Recovery in 2026: Forecasts suggest a rebound in 2026, driven by renewed demand in emerging markets, strategic brand adjustments, and early signs of recovery in Chinese consumption, with expected growth of 3% to 5% globally.
Key Luxury Stocks to Watch: Notable luxury stocks such as Kering, Richemont, and Burberry are highlighted as potential beneficiaries of the recovery, with each company expected to see significant earnings growth in the upcoming fiscal years.
China's Role in Recovery: China remains crucial for the luxury sector's recovery, with signs of stabilized domestic spending and an expanding middle class, indicating potential for long-term growth in the luxury goods market.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.