What's luxury's new competitive reality?

It was reported this week that European luxury has lost some €251bn in market value this year, but what doesn't that figure tell us? In this week’s episode of Luxury’s Fine Line, Walpole CEO Helen Brocklebank looks beyond the headlines to the latest results from LVMH, Kering and Hermès, and to fresh analysis from Goldman Sachs. Luxury's Fine Line is a podcast by Walpole, the official body for the UK luxury sector, exploring the news, trends and talking points affecting luxury this week. Hosted by Walpole CEO Helen Brocklebank, Luxury's Fine Line is broadcast from the Walpole Townhouse in Chelsea, London.