An all-out trade war could set off a 30% slide in shares of European makers of luxury goods, according to analysis from UBS. European luxury stocks face a 30% drop in an all-out trade war, says UBS.

Investing.com -- Shares in European luxury groups sank in mid-morning trading on Tuesday after analysts were disappointed that Chinese officials stopped short of announcing a raft of new fiscal ...

European equities dropped after a weak economic data release from China and as disappointing updates from Swatch Group AG and Burberry Group Plc dragged down luxury shares.

Investing.com -- Shares in European luxury groups sank in mid-morning trading on Tuesday after analysts were disappointed that Chinese officials stopped short of announcing a raft of new fiscal ...