Why luxury needs a wake-up call

Why luxury needs a wake-up call
Luxury has gone from being the preserve of the well-to-do to having mass-market status.
Eden Bradfield
In the past, more than a few people have asked me, “Why do you like luxury stocks so much, Eden?”, and I’m very quick to say that, well, I don’t like just luxury stocks, but I look only at companies I understand, and luxury is one of the few areas I understand well. I do not have a comprehensive understanding of, say, Mira Murati’s Thinking Machines Lab, which was recently valued at US$10 billion (NZ$16.5b) despite having no product and zero revenue. I am just not that smart. I suspect Mira’s backers are...

More Opinion

Investing: What Wall St is banking on
Opinion

Simon Robertson: Investing: What Wall St is banking on

Investors eye an upbeat finish as big tech and AI drive market growth.

Selling Fonterra’s brands business is best
Opinion

Peter McClure: Selling Fonterra’s brands business is best

Fonterra doubling down on what it does best will undoubtedly simplify its business.

Peter McClure 25 Sep 2025
Time to hit the restart button
Opinion

Mike Fuge: Time to hit the restart button

As a nation, we can use NZ’s renewable energy advantage to drive economic growth.

Mike Fuge 25 Sep 2025