The devil wears Prada: a study of the Impact of COVID-19 on the financial statements of luxury fashion companies

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  • dc.contributor.author Rossinyol Boladeres, Anna
  • dc.contributor.author Vizuete Hernández, Adrián
  • dc.date.accessioned 2024-10-15T12:06:23Z
  • dc.date.available 2024-10-15T12:06:23Z
  • dc.date.issued 2024
  • dc.description Treball de Fi de Grau en Administració i Direcció d'Empreses. Curs 2023-2024ca
  • dc.description Tutors: María Gundín Castro i Oriol Amat Salasca
  • dc.description.abstract This paper investigates the financial effects of the COVID crisis on the luxury fashion industry. The methodology used is a number of ratios and financial data studied from the financial statements of eleven companies in the sector. The results are compared with the data of four other industries: mass-apparel fashion, energy, food and pharmaceutical. The investigation unveiled the challenges luxury fashion faced during the 2020 crisis but recovered in around a year, and that the more luxurious a company is, the less affected it was. The comparison then revealed many similarities in financial behaviour with the mass-apparel fashion industry, and concluded that both fashion sectors behaved cyclically, and the others, countercyclically. This research contributes to the financial and numerical analysis of luxury fashion during COVID, a subject with limited in-depth research so far. It also proposes that future studies research the long-term effects of the pandemic crisis on the sector.ca
  • dc.format.mimetype application/pdf*
  • dc.identifier.uri http://hdl.handle.net/10230/61412
  • dc.language.iso engca
  • dc.rights This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Licenseca
  • dc.rights.accessRights info:eu-repo/semantics/openAccessca
  • dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/4.0ca
  • dc.subject.keyword Accessibleen
  • dc.subject.keyword COVID-19 crisisen
  • dc.subject.keyword Cyclicalen
  • dc.subject.keyword Financial performanceen
  • dc.subject.keyword Inaccessibleen
  • dc.subject.keyword Intermediateen
  • dc.subject.keyword Luxury fashionen
  • dc.subject.keyword Ratiosen
  • dc.subject.keyword Recoveryen
  • dc.subject.other Treball de fi de grau – Curs 2023-2024ca
  • dc.subject.other Luxe -- Aspectes econòmicsca
  • dc.subject.other COVID-19 (Malaltia) -- Aspectes econòmicsca
  • dc.title The devil wears Prada: a study of the Impact of COVID-19 on the financial statements of luxury fashion companiesca
  • dc.type info:eu-repo/semantics/bachelorThesisca