Earnings Brief
Hermès Remarkable China-Fueled Strategy Pays Off
Hermès' 2019 full-year earnings report reveals exceptional results and revenue growth, with the Greater China region leading the way once again. Read More
Kering Has A Soft Landing in 2019 But 2020 Remains Uncertain
Kering wrapped up 2019 with a modest 13.3% increase in revenue, but as the spread of the coronavirus continues, 2020 remains uncertain. Read More
Moncler 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 More
Estée 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 More
Could 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 More
Will Ralph Lauren’s Asia Digital Strategy Steer It Through The Virus Crisis?
Ralph Lauren reports fast-growing results in Asia as of Q3, FY2020. But how far can digital initiatives go as coronavirus hinders its manufacturing power? Read More
LVMH Finished 2019 On A High, While Coronavirus Beats Hong Kong Protests As Top China Concern
According to LVMH full-year financial report released on Tuesday, the group’s revenue rose 15 percent to €53.7 billion during 2019. Read More
Following Hong Kong Hit, Burberry Announces Bounce Back Strategy with Tencent
This morning saw British super brand Burberry report strong H1 results, despite continued unrest in Hong Kong shaking profits in the region. Read More
LVMH Outperforms in Q3, Defying an Uncertain China Market
According to LVMH, the group saw a 16 percent increase in revenue in Q3 of the year, reaching €38.4 billion (US$42.5 billion). Read More
A Stagnant Prada Reckons with A Changing Chinese Customer
Prada’s first-half earnings report indicated that storm clouds are approaching for the brand, particularly in Greater China, with a 2 percent drop. Read More
