Earnings Brief
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
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
LVMH Celebrates Its First Half 2021 Earnings. But Can Growth Continue?
LVMH, Louis Vuitton’s parent company, has done it again. It’s first half earnings for 2021 have beaten analysts’ expectations. Unsurprisingly, Asia continues to drive the luxury giant’s growth. Read More
Burberry Sales Rebound After Chinese Boycotts
The Xinjiang cotton controversy in March hasn’t slowed Burberry down, with sales in the Chinese market shooting past pre-pandemic levels by 55 percent. Read More
Loose-Fit Denim & China/US Gains Lift Levi’s
A rugged set of results from Levi Strauss — helped by a strong performance in China — is putting a spring in the company’s step. Read More
Is Nike Losing The Race In China?
Nike delivered record results thanks to high revenues in the North American market, but it should be concerned about its China strategy. Read More
The Asia Pacific & Jewelry: Richemont’s Pandemic Bright Spots
COVID-19 has made jewelry more dominant while reshuffling Richemont’s regional mix, growing the Asia Pacific larger than Europe and the Americas combined. Read More
Farfetch Sees A Sustained ‘Paradigm Shift’ To Online Luxury
Farfetch’s launch on Tmall’s Luxury Pavilion has brought 3,000 brands to Chinese consumers and widened the company's demographic reach. Read More
