Financial Reporting
Are China’s Falling Property Prices Hurting Luxury?
China’s property market just felt its first month-on-month decline in new home prices since 2015 — and, yes, it affects the luxury market. Read More
Strong Quarters by LVMH, Hermès & Kering Buoy Global Luxury
Strong third-quarter results for fashion heavyweights LVMH, Gucci’s parent Kering, and Hermès were a confidence boost for the entire global luxury business. Read More
Government Crackdowns, Evergrande, and COVID-19 Dampen Luxury Boom
September was the worst month for luxury stocks since the pandemic hit. Is it due to luxury’s recent growth being unsustainable or something else? Read More
Tod’s, PVH & Richemont See a Growing Reliance on China
September’s earnings results confirm that China has tightened its grip on the global luxury market, fueled by the COVID-19 pandemic. Read More
China’s “Common Prosperity” Drive Sends Luxury Stocks Tumbling
In August, the Jing Daily Index hit a new low as investors drove the share prices of the world’s largest luxury companies downwards. Read More
China Delivers for Estée Lauder, Tapestry & Farfetch
With a flurry of earnings results coming in August, Jing Daily looked at how top luxury companies fared in China and beyond. Read More
China Tech Crackdown Dampens Luxury Boom
For the first time since China emerged from the COVID-19 pandemic, the Jing Daily KraneShares China Global Luxury Index spent the month steadily declining. Read More
Ralph Lauren Soars As China Leads Asian Growth
The first of Ralph Lauren’s digitally-driven ‘emblematic’ retail concepts arrived in Beijing, with one in Shanghai to follow in a matter of weeks. Read More
Prada Sales Boom as China Continues to Splurge
Not one to fall behind, Prada continues the trend of luxury comebacks this week, with retail sales in H1 2021 beating pre-pandemic figures. Read More
Moncler Doubles Pre-Pandemic Revenues in China
Consolidating Stone Island’s results for the first time, Moncler saw its group revenue jump 57 percent to $736 million in H1 2021. Read More
