Tuesday 29, March 2011 by
2010s likely to be a luxurious decade for some firms
As most consumer companies struggle to overcome the rising costs of commodities like energy, gold, cotton, and corn, certain luxury-goods companies are positioned to do well in the 2010s, according to the latest Sector Focus commentary by Turner Investments. Those fortunate luxury-goods companies may owe their success to superior pricing power—they are able to raise prices to sustain profits in the face of rising costs.
