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Upbeat third-quarter earnings, a recovering Chinese market and a wave of newly installed creative directors have all spurred confidence that the post-pandemic hangover could soon be over, leading a slew of analysts to turn more positive in recent weeks.
“We are entering 2026 hopeful that the worst is over,” said UBS Group AG analyst Zuzanna Pusz. “Although the recovery is still at an early stage, there are reasons to be more hopeful amid recovering Chinese demand and an increased level…
