Search Results: coronavirus
McKinsey: The Luxury Goods Industry During And After Coronavirus
Amid the coronavirus, luxury-goods companies must take action to “navigate the now,” plan for the recovery, and shape the future. Read MoreBvlgari CEO Jean-Christophe Babin on Their Unique Chinese Clientele and Battling the Coronavirus
Jewelry maker Bvlgari has done well in China for two decades, but CEO Jean-Christophe Babin has some new ideas for the country's wealthy, young consumers. Read MoreConsumer Sentiment Will Define a Post-Coronavirus China
The coronavirus has given China's consumers a new set of fears, so how will their views on luxury consumption change once the epidemic is over? Read MoreHow Will the Coronavirus Crisis Affect the Daigou Business in South Korea?
There may not have been traditional tourist demand from the mainland, but driven by the huge price disparity, there was immense product demand across China. Read MoreMoncler Leveled by the Coronavirus Despite Strong 2019 Sales
The coronavirus has hit Moncler hard, but the brand is mitigating its costs in a number of ways until business in China goes back to normal. Read MoreLuxury’s Response to the Coronavirus Must Look Beyond Revenue
In face of the coronavirus outbreak, we are shifting our coverage to put people first and focus on crisis management. Read MoreEstée Lauder Lowers Outlook, Citing Global Impact on Travel Retail Due to Coronavirus
The CEO of Estée Lauder gave a cautious warning on the impact of travel retail due to the coronavirus, while reporting 15% of net sales growth in Q2 FY2020. Read MoreCoronavirus Could Send Hong Kong into a Deeper Recession
Protests and now the coronavirus have continued to segregate mainland China from Hong Kong, forcing brands to rethink their roles in both markets. Read MoreCould Capri Holdings Lose $100M Over The Coronavirus?
Capri Holdings might lose $100 million in future revenue due to the coronavirus crisis, the company said in an earnings call today. Is it going to happen? Read MoreWhat Does the Coronavirus Mean for Drop Shipping?
As the coronavirus spreads, the impact can be felt in logistics and shipping. Jing Daily looks at the sector to analyze where losses will be felt. Read More