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Earnings Brief

  • Hermès Remarkable China-Fueled Strategy Pays Off

    Wenzhuo Wu  |   Share
    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

    Wenzhuo Wu  |   Share
    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

    Ruonan Zheng  |   Share
    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

    Yaling Jiang  |   Share
    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?

    Yaling Jiang  |   Share
    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?

    Yaling Jiang  |   Share
    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

    Yaling Jiang  |   Share
    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

    Tamsin Smith  |   Share
    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

    Avery Booker  |   Share
    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

    Avery Booker  |   Share
    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
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