Vliv krizí na sektory produkující luxusní statky a služby

The diploma thesis on the topic "The impact of crises on the sectors producing luxury goods and services" deals with a comparison of the effects of previous global crises on this defined market segment. The thesis focuses on financial crisis of 2007-2009 and the crisis caused by the global Covid-19 pandemic. In the first chapter are presented the causes, course and effects of the financial crisis on the economy of primarily the United States and Europe with an emphasis on the analysis of the bursting of price bubbles in selected markets that led to the economic recession. The second chapter presents the crisis that began in 2020 and was caused by the pandemic of the new coronavirus, which is an external cause in contrast to the causes of the financial crisis, which were purely internal. The impact of this pandemic on inflation, which currently poses the greatest threats to the developed economy, is addressed in detail. The third chapter describes luxury goods, from the view of economic theory, and also from a sociological point of view. The Engel spending curve is presented on real US consumer spending data. The last chapter contains an analysis of the share prices of companies that are considered producers of luxury goods and services. For this reason, the special stock index has been created, which is compared with other market indexes. Furthermore, this chapter analyses selected financial indicators of these companies for the period covering both monitored crises. The last part of this thesis is a fundamental analysis, which results in an investment recommendation in this industry.