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Earnings Brief

  • Tod’s Returns To Profitability While Nike Feels The China Squeeze

    Julienna Law  |   Share
    Despite beating estimates and boosting global sales, Ferragamo, Tod’s, and Nike all felt the effects of China’s COVID-19 restrictions on their bottom line. Read More
  • JD.Com, Anta Beat Industry Rivals While Capri Gives Conservative Outlook

    Julienna Law  |   Share
    Despite being hit by COVID-19 disruptions, JD.com managed to outpace China’s retail industry and invite a flurry of luxury brands to its platform. Read More
  • L’Oréal Shines In China As Hermès, Kering Keep Quiet On 2023 Outlooks

    Julienna Law  |   Share
    While luxury brand sales fell in the second quarter due to store closures, L’Oréal bucked the trend thanks to China’s voracious beauty appetite. Read More
  • Capri, Nike Temper Q1 Forecast As China Remains Uncertain

    Julienna Law  |   Share
    COVID-19 headwinds in China continue to deal blows to bottom lines. How have the biggest companies navigated these obstacles? Read More
  • Ralph Lauren, Burberry Stay Optimistic Despite China Setbacks

    Julienna Law  |   Share
    Although China lockdowns weighed heavily on Q4 results, luxury brands are hopeful their ongoing strategies will deliver strong growth in the medium term. Read More
  • As Q1 Results Disappoint, Should Brands Look Beyond China?

    Julienna Law  |   Share
    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 More
  • LVMH, Hermès, and Kering Suffer From China’s COVID-19 Clampdown

    Kevin Rozario  |   Share
    Sales for top-notch luxury players were good in the first three months of 2022, mostly thanks to Europe and the Americas. Read More
  • LVMH Sidelines China’s Middle Class Shoppers

    Gemma A. Williams  |   Share
    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 More
  • Nike Feels the Burn as Anta and Li-Ning Continue Their Winning Streak

    Kevin Rozario  |   Share
    With homegrown brands winning in China’s expanding sports sector, Jing Daily analyzes three case studies from this rapidly changing landscape. Read More
  • China Two-Year Sales Boost Tapestry and Hermès as Farfetch Explores Beauty

    Kevin Rozario  |   Share
    While China proved challenging for Tapestry in late 2021, Hermès soared in the Asia-Pacific region, and Farfetch expanded its brand portfolio. 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: 06/02/2023

Index LevelDaily Change% Change
266.00+$9.783.82%
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