ECP | Luxemburg, 27.11.2020
This week we thought of revisiting Friday Morning Coffee Nr. 59 — “The devil wears Prada” that we wrote in May 2019. Back then our musing came forth on the back of our investment into Prada. Just like any other investment case this was not an easy call given the then prevailing circumstances; Sino-China trade war at its peak with the potential for further escalations, talks of repositioning of Global supply chains, market pundits foreseeing death of brick and mortar retailers and un-synchronised growth rates around world economies.
Mit freundlichen Grüssen aus Luxembourg
Léon Kirch, CIO & Partner
