Street Talk

Birkin bags and vintage Alhambra: GCQ bets on luxury in 2025

The fund believes the core clientele of Cartier and Van Cleef’ are becoming wealthier and less exposed to macroeconomic fluctuations.

Sarah Thompson, Kanika Sood and Emma Rapaport

Jan 19, 2025 – 7.00pm

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Doug Tynan’s GCQ Funds is entering the new year dripping in luxury with major bets on French fashion house Hermes and Cartier and Van Cleef & Arpels owner Richemont.

Van Cleef & Arpels’ Alhambra bracelets are popular among tennis stars and celebrities.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.