Analyzes relative attractiveness of different luxury product categories. • Criteria include retail economics, growth opportunities, competitive threats, consumer favor • Says Jewellery ranks high in terms of retail economics and enjoys material branding headroom and socio-demographic support • RTW emerges as most challenged category, as competition abounds – both in terms of countless high-end brands as well as fast-fashion alternatives • Says Richemont, Swatch, Luxottica look best positioned from category mix viewpoint