Fear stalks the luxury goods industry, but a fightback is currently being led by LVMH and the other names - hinting that it may be time to start bargain shopping for luxury goods shares.

In a report released today, Zuzanna Pusz from UBS maintained a Sell rating on The Swatch Group, with a price target of CHF75.00. The company’s shares closed last Monday at $169.59. According to ...