Earnings Brief
Alibaba’s Sales Growth Slows Despite the E-tailer’s Continued Dominance
Alibaba Group reported its Q2 2019 (quarter ending Sept. 30, 2018) on Friday morning. The company's revenue grew 54% year-on-year but missed expectations. Read More
LVMH Q3 Revenues Climb 10% as Chinese Consumers Continue to Buy
LVMH Moët Hennessy Louis Vuitton’s robust growth in the third quarter has soothed concerns over China’s economic slowdown. Read More
Hermès, Reliant on China for Sales, Posts H1 Profit Growth
Hermès posted record net profit in the first half as global sales increased. It was boosted by sales across Asia, particularly in China. Read More
Alibaba Comes out on Top with 34 Percent Rise in Tmall Sales
Attempts to lure luxury brands appear to be working, as Alibaba surges past competitors in quarterly results. Read More
LVMH’s Strong H1 Results Ease Concerns over China Economy
Buoyed by strong demand in Asia and the United States, LVMH's organic revenue grew 12 percent in the first half of 2018 from the year before. Read More
Why Luxury Brands Won’t Mind JD.com’s Earnings Dip
Their audience and revenues are still growing, and crucially, so is their investment in a world-class logistics network. Read More
Alibaba’s Strong Q4 Earnings Trigger Tumultuous Sharemarket Response
Despite the shaky response from investors, Alibaba still looks undervalued to analysts. Read More
Thanks to China, LVMH First Quarter Sales Grew 13 Percent
The fashion and leather goods departments performed even better, achieving 25 percent growth year on year. Read More
Rising Number of Domestic Luxury Consumers in China Benefits LVMH
Mainland China drove the fastest growth in LVMH's third quarter thanks to the increase in domestic spending, according to its CFO Jean-Jacques Guiony. Read More
Lululemon’s Sales Increased 175 Percent on Tmall in Second Quarter
As Chinese consumers warm up to the concept of fitness and healthcare as luxury, technical athletic gear company Lululemon’s popularity is rising. Read More
