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Earnings Brief

  • China Rescues Burberry, Tapestry From Slowing Demand In North America

    Julienna Law  |   Share
    China’s recovery has renewed luxury brands’ optimism for the year. However, a new problem has emerged: American consumers are pulling back their spending. Read More
  • April Earnings: Kering Lags LVMH As BYD Boasts Fivefold Profit Growth

    Julienna Law  |   Share
    With brands yet to fully reap the benefits of China’s reopening in the first quarter, the strongest players are pulling further ahead. Read More
  • Hermès Hits €200 Billion Valuation On Surging Sales Thanks To China’s Ultra-Rich

    Julienna Law  |   Share
    Between strong first-quarter sales, a renovated Beijing store, and a soaring market capitalization, Hermès has a lot to celebrate this year so far. Read More
  • March Earnings: Perfect Diary Falls Short While Adidas Deals With Ye Breakup

    Julienna Law  |   Share
    Although strides have been made in 2023, Yatsen and Adidas are realistic about their near-term growth prospects as they deal with the aftermath of 2022. Read More
  • ‘Unicornus Rex’: L’Oréal Combines Scale And Innovation To Defend Pole Position

    Julienna Law  |   Share
    While L’Oréal and Hermès outperformed competitors in 2022, Canada Goose struggled with COVID-19 disruptions in December, its key trading month. Read More
  • Earnings: Burberry, Richemont Brave China Headwinds While Swatch Group Shoots For Record 2023

    Julienna Law  |   Share
    Despite tanking sales in December, luxury brands are hopeful that China’s reopening and Lunar New Year festivities will spell a more prosperous 2023. Read More
  • 2022 Financial Results: Lululemon Got Local In China, While Calvin Klein, Tommy Hilfiger Made Global Waves

    Julienna Law  |   Share
    China remains a key driver of the fashion industry’s long-term growth. So how did global players perform there at the end of 2022? Read More
  • Earnings: Ralph Lauren Charges Ahead While Canada Goose, Adidas Brace For China Setbacks

    Julienna Law  |   Share
    While Ralph Lauren posts better-than-expected profits and maintains an optimistic outlook for the year, other fashion players are slashing their forecasts. Read More
  • Hermès, L’Oréal Bounce Back In China Despite Ongoing Lockdowns

    Julienna Law  |   Share
    Despite whispers of a looming recession, luxury groups are posting strong sales figures thanks to Chinese demand for high-end bags and beauty products. Read More
  • Stefano Ricci Marks 50th Anniversary With Ancient Luxor Extravaganza And Doubles Down On China Expansion

    Jing Zhang  |   Share
    The menswear company opened its first boutique in Shanghai in 1993. Today, despite pandemic restrictions, a second outpost in Beijing is in the works. Read More
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Jing Daily KraneShares China Global Luxury Index

Track the global market performance of the luxury sector in China. With current news updates, share prices, and stock market data based on Chinese consumer interest, this index monitors the overall health within the market.

Daily Returns: 05/26/2023

Index LevelDaily Change% Change
264.05+$2.370.91%
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