Global industry intelligenceWeek ending 18 September 2026

Luxury Goods

For the week ending 18 September 2026, Luxury Goods advanced 0.25% with 65 advancing, 88 declining, and 13 unchanged constituents.

Industry positioning postureWait for re-acceleration

Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.

Industry evidence score61/100Wait

Index value1472.91

Weekly return0.25%

Measured equities166

Sibling rank1 of 23

Parent sectorConsumer CyclicalOpen the complete sector intelligence page

156 completed weeks

Luxury Goods trend architecture

Price, Activity Lines, Trend Line and current Fair Value, with the recognized architecture behind each completed week.

ArchitectureUpward Expansion Index vs Trend3.0% 13-week persistence4.7% Advancing participation39%

Index Value Trend Line Fair Value Activity Lines Constructive Transition Defensive

Positioning and relative evidence

Is Luxury Goods earning a place in the portfolio?

Technical evidence determines the posture. Sentiment remains a separate confirmation layer.

Current posture

Wait for re-acceleration

Headline strength is not yet confirmed by the current Activity Line energy and constituent trend mix.

Defensive61/100Position

Sentiment held separateQualified news coverage is too thin to alter the technical positioning view.

Five-pillar evidence

Quality of the positioning case

Trend

Breadth

Persistence

Relative

Risk quality

Parent-relative performance

Returns versus Consumer Cyclical

Composite rank 1 of 23

1 week0.2%0.7 pts

4 weeks0.6%2.6 pts

13 weeks4.7%5.8 pts

26 weeks6.8%6.9 pts

52 weeks-0.1%6.5 pts

Relative leadership path

Luxury Goods versus Consumer Cyclical

Improving

Evidence ledger

Confirmation and conflict

+The index remains above a constructive Trend gate.

+Relative performance is improving within its parent hierarchy.

!Breadth remains too narrow or inconsistent for a high-conviction position.

!Constituent persistence remains divided or predominantly negative.

!Stage 4 declining constituents exceed Stage 2 advancing constituents by 23 percentage points.

Decision boundaries

What would change the posture?

1A completed weekly reclaim of 1,430.09, the higher of Trend Line and Fair Value, would improve the structural case.

2Breadth holding above 55% for several completed weeks would show that repair is spreading.

3Positive 13 and 26-week relative performance would confirm that capital is rotating into the group.

Trend state and durability

Architecture, persistence and constituent regimes

The industry index path is tested against the securities beneath it.

Index architecture

Upward Expansion

2 weeks

The activity fan is positively ordered above a rising Trend Line with price accepted above it.

Trend gateUpFan width2.55%Accepted above fan67%Accepted below fan0%

Six completed weeks of price acceptance relative to the full Activity Line fan.

Index persistence

Negative regime, shorter trend repairing

25% agreement

The long trend remains negative, but shorter-horizon repair is now visible.

13-week

4.7%

26-week

6.8%

39-week

0.2%

52-week

-0.1%

Regime age1 weeks52-week flips152-week boundary1473.78

Constituent trend persistence

How broadly durable is the move?

87% coverage

46%positive

Coherent positive19%

Coherent negative26%

Horizon agreement79%

Weakening positives19

Repairing negatives25

145 constituents measured as of 18 Sep 2026.

Custom stage map

Where covered constituents sit in the cycle

89% coverage

46%Stage 4

Stage 1 Basing18%27

Stage 2 Advancing23%34

Stage 3 Distribution12%18

Stage 4 Declining46%68

Re-acceleration1Transition watch24Fair Value repairs15

Stage coverage is shown explicitly and is not substituted for full-universe persistence coverage.

Geographic diffusion

Where Luxury Goods strength is developing

Country returns, participation and Trend position show whether the global result is widely shared or locally concentrated.

Countries measured1524 represented in the full universe

Positive countries8 / 15Latest weekly return above zero

Above Trend Line40%6 country indexes

Return dispersion2.03 ptsCross-country opportunity and divergence

North America2.36%

1 countries · 9 equities · 5% of measured coverage

Participation44%Countries above Trend0%

Asia Pacific0.69%

8 countries · 114 equities · 69% of measured coverage

Participation49%Countries above Trend50%

Europe-1.01%

6 countries · 30 equities · 18% of measured coverage

Participation23%Countries above Trend33%

Country evidence map

Return, breadth and trend condition

Minimum 3 constituents

🇮🇹IT4 3.57% 100% up · above Trend 🇭🇰HK31 3.10% 55% up · above Trend 🇺🇸US9 2.36% 44% up · below Trend 🇨🇳CN18 1.34% 44% up · below Trend 🇫🇷FR6 1.09% 17% up · below Trend 🇹🇭TH6 0.69% 33% up · above Trend 🇸🇬SG7 0.06% 57% up · above Trend 🇬🇧GB3 0.03% 67% up · above Trend 🇦🇺AU3 -0.10% 33% up · below Trend 🇮🇳IN31 -0.83% 29% up · above Trend 🇲🇾MY5 -0.96% 20% up · below Trend 🇯🇵JP13 -1.15% 62% up · below Trend 🇨🇭CH3 -1.86% 0% up · below Trend 🇩🇪DE7 -2.12% 0% up · below Trend 🇦🇹AT7 -4.41% 0% up · below Trend

9 thin country slices are excluded from comparative conclusions. Their securities remain in the global index.

Country leadership

Strongest confirmed tapes

🇮🇹Italy4 equities3.57%

🇭🇰Hong Kong31 equities3.10%

🇺🇸United States9 equities2.36%

🇨🇳China18 equities1.34%

🇫🇷France6 equities1.09%

🇹🇭Thailand6 equities0.69%

Country pressure

Weakest current tapes

🇦🇹Austria7 equities-4.41%

🇩🇪Germany7 equities-2.12%

🇨🇭Switzerland3 equities-1.86%

🇯🇵Japan13 equities-1.15%

🇲🇾Malaysia5 equities-0.96%

🇮🇳India31 equities-0.83%

Sibling industry comparison

Where Luxury Goods sits inside Consumer Cyclical

Relative strength, acceleration and participation separate durable leadership from a one-week move.

Composite rank1 / 23 Leading6 Lagging8 Above Trend2 / 23 Return dispersion0.86 pts

Competitive-set rotation

Is this industry gaining or surrendering leadership?

Bubble size shows constituents

Sibling ranking

Momentum with confirmation

Luxury GoodsLeading · 39% participation

77 2

Personal ServicesLeading · 57% participation

63 3

Packaging & ContainersLeading · 44% participation

63 4

Specialty RetailLeading · 47% participation

61 5

Internet RetailWeakening · 46% participation

56 6

Textile ManufacturingLeading · 44% participation

50 7

Department StoresLeading · 35% participation

49 8

Home Improvement RetailWeakening · 52% participation

47 9

Furnishings, Fixtures & AppliancesImproving · 41% participation

47 10

LodgingImproving · 32% participation

46 11

Auto PartsImproving · 50% participation

45 12

Residential ConstructionWeakening · 48% participation

41 13

LeisureWeakening · 42% participation

41 14

GamblingLagging · 35% participation

38 15

Footwear & AccessoriesImproving · 41% participation

37 16

Apparel ManufacturingLagging · 35% participation

35 17

Auto & Truck DealershipsLagging · 36% participation

34 18

RestaurantsWeakening · 32% participation

33 19

Apparel RetailLagging · 40% participation

24 20

Recreational VehiclesLagging · 30% participation

17 21

Auto ManufacturersLagging · 41% participation

15 22

Travel ServicesLagging · 34% participation

9 23

Resorts & CasinosLagging · 26% participation

Market internals and risk

Participation, momentum and payoff shape

The headline index is tested against participation, volatility, drawdown and the distribution of security returns.

Advancing participation39.2%-6.0 points versus recent baseline

13-week positive weeks69%Index-level hit rate

Annualised volatility11.7%52-week index return volatility

Current drawdown-3.6%From the 52-week index high

156-week max drawdown-11.3%Peak-to-trough index decline

Breadth impulse

Net advancing participation

Range -100 to +100

Trend momentum

Trend Line rate of change

Positive or negative slope

Security return distribution

What the headline return conceals

166 equities

Average loser-3.79%

Average winner+6.37%

Median equity-0.53%The middle security, less sensitive to extreme movers

Interquartile range-2.57% to 1.47%The central half of the universe

Security dispersion8.12 ptsCross-sectional opportunity and stock-selection risk

News and price confirmation

Does company news confirm the Luxury Goods tape?

Open sentiment intelligence

Qualified sentiment coverage for this industry is still building.

Security leadership

The equities driving the result

Weekly leaders and laggards reveal whether the index move is broad, concentrated or vulnerable to reversal.

Leadership

Strongest weekly contributors

ASTARAsian Star Company LimitedIN38.48%LUXELuxExperience B.V.US36.40%8026China Brilliant Global LimitedHK33.33%MLODTOdiot S.A.FR28.67%6838Winox Holdings LimitedHK27.80%1470Prosper One International Holdings Company LimitedHK21.50%

Pressure

Weakest weekly contributors

7878Kohsai Co.,Ltd.JP-24.30%2583Shenzhen Hipine Precision Technology Co., Ltd.HK-23.00%SSAATSAAT VE SAAT SANAYITR-16.46%RADHIKAJWERadhika Jeweltech LimitedIN-14.39%SFERSalvatore Ferragamo S.p.A.AT-12.77%0986Dufu Liquor Group LimitedHK-10.00%

Latest week

Full global industry tape

Showing 1-30 of 166, sorted by weekly return.

Ticker Company Market Open High Low Close Return

ASTAR Asian Star Company Limited IN · NSI 583.00 807.35 485.00 807.35 38.48%

LUXE LuxExperience B.V. US · NYSE 7.35 10.12 7.04 10.08 36.40%

8026 China Brilliant Global Limited HK · HKG 0.265 0.40 0.244 0.40 33.33%

MLODT Odiot S.A. FR · PAR 30.00 38.60 30.00 38.60 28.67%

6838 Winox Holdings Limited HK · HKG 0.235 0.285 0.235 0.285 27.80%

1470 Prosper One International Holdings Company Limited HK · HKG 0.107 0.13 0.107 0.13 21.50%

301071 Henan Liliang Diamond Co., Ltd. CN · SHZ 59.00 71.55 57.71 71.10 17.91%

0789 Artini Holdings Limited HK · HKG 0.82 1.03 0.82 0.96 17.79%

0442 Domaine Power Holdings Limited HK · HKG 0.60 0.73 0.60 0.70 16.67%

MOTISONS MOTISONS JEWELLERS LTD IN · NSI 15.95 19.12 15.02 18.30 14.73%

TBZ Tribhovandas Bhimji Zaveri Limited IN · NSI 526.30 603.55 505.10 603.55 14.68%

4807 Regal Holding Co., Ltd. TW · TAI 28.45 32.15 27.80 31.40 9.60%

MVGJL Manoj Vaibhav Gems 'N' Jewellers Limited IN · NSI 197.37 224.36 185.15 214.47 8.66%

1466 Baijin Life Science Holdings Limited HK · HKG 1.30 1.40 1.05 1.34 8.54%

DPABHUSHAN D. P. Abhushan Limited IN · NSI 1,340.60 1,482.00 1,290.00 1,448.30 8.03%

0513 Continental Holdings Limited HK · HKG 0.123 0.155 0.123 0.15 7.14%

000026 FIYTA Precision Technology Co., Ltd. CN · SHZ 18.52 20.09 18.00 19.79 6.86%

8537 Chong Fai Jewellery Group Holdings Company Limited HK · HKG 0.21 0.226 0.21 0.219 6.83%

0256 Citychamp Watch & Jewellery Group Limited HK · HKG 0.112 0.12 0.101 0.116 6.42%

CPRI Capri Holdings Ltd US · NYSE 13.84 15.27 13.65 14.75 6.19%

FPE Fope S.p.A. IT · MIL 54.00 57.00 53.50 56.50 4.63%

GIS Gismondi 1754 S.p.A. IT · MIL 1.53 1.60 1.51 1.60 4.58%

LPGOLD13 Laopu Gold Co., Ltd. TH · SET 1.60 1.64 1.54 1.64 3.80%

6181 Laopu Gold Co., Ltd. HK · HKG 369.40 383.00 355.00 383.00 3.63%

42L Taka Jewellery Holdings Limited SG · SES 0.20 0.205 0.197 0.205 3.54%

002173 Innovative Medical Management Co.,Ltd. CN · SHZ 17.15 18.76 17.10 17.89 3.53%

7638 NEW ART HOLDINGS Co., Ltd. JP · JPX 1,376.00 1,423.00 1,376.00 1,421.00 3.35%

0280 King Fook Holdings Limited HK · HKG 0.625 0.65 0.625 0.64 3.23%

BC Brunello Cucinelli S.p.A. IT · MIL 76.50 80.36 75.00 79.00 2.97%

8139 Nagahori Corporation JP · JPX 2,210.00 2,295.00 2,184.00 2,238.00 2.71%