Earnings Brief
As Q1 Results Disappoint, Should Brands Look Beyond China?
From Tod’s to Tesla, many brands reported plummeting sales in the first quarter due to China’s lockdowns. Is this a lesson on overexposure? Read MoreLVMH, Hermès, and Kering Suffer From China’s COVID-19 Clampdown
Sales for top-notch luxury players were good in the first three months of 2022, mostly thanks to Europe and the Americas. Read MoreLVMH Sidelines China’s Middle Class Shoppers
The hashtag #LVMH is betting on the high-end market in the future# is trending on Weibo. Will this result in a backlash from shoppers in lower-tier cities? Read MoreNike Feels the Burn as Anta and Li-Ning Continue Their Winning Streak
With homegrown brands winning in China’s expanding sports sector, Jing Daily analyzes three case studies from this rapidly changing landscape. Read MoreChina Two-Year Sales Boost Tapestry and Hermès as Farfetch Explores Beauty
While China proved challenging for Tapestry in late 2021, Hermès soared in the Asia-Pacific region, and Farfetch expanded its brand portfolio. Read MoreApple and Burberry Ride Out Their China Successes as VF Regroups
New Apple launches and Burberry’s full price sales enabled both companies to stay ahead in China’s COVID-stunted economy. Read MoreSecoo Collapses, Nike Stalls & PVH Shows Promise in China
Supply-side difficulties and a consumer retreat have affected Nike and Secoo, yet PVH Corp is having an altogether easier time. Read MoreAlibaba, Farfetch, and Lauder: China’s Still Good to Some — But Not All
Chinese tech stocks face investor pushback despite a strong sales quarter. Meanwhile, for Estée Lauder, a bounce-back came from the West. Read MoreStrong 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 MoreTod’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