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Earnings Brief

  • Burberry Sales Rebound After Chinese Boycotts

    Julienna Law  |   Share
    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

    Kevin Rozario  |   Share
    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?

    Adina-Laura Achim  |   Share
    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

    Kevin Rozario  |   Share
    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

    Kevin Rozario  |   Share
    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
  • Coach Lifts Parent Co. As China Booms

    Kevin Rozario  |   Share
    The New York-based luxury lifestyle group Tapestry has swung back to profit thanks to strong e-commerce in North America and Chinese growth. Read More
  • Estée Lauder’s Earnings Reflect Post-COVID Beauty Trends

    Julienna Law  |   Share
    Although makeup demand slumped, the pandemic-induced pivot to skin care and fragrance helped Estée Lauder’s Q3 sales soar 16 percent to $3.86 billion. Read More
  • Apple Sets Record Quarter Thanks to China’s 5G Appetite

    Julienna Law  |   Share
    Apple’s revenue in China jumped a staggering 87 percent to $17.7 billion, propelled by strong demand for its first 5G smartphone. Read More
  • Puma’s Sales Leap in Q1 and So Does Confidence, Despite COVID-19

    Kevin Rozario  |   Share
    Puma has now had two quarters of growth and its three core regions are fairly balanced by weight compared to this time last year. Read More
  • SMCP Struggles In Q1 Despite Doubling Of Mainland China Sales

    Kevin Rozario  |   Share
    The French group’s recovery in Asia-Pacific was not enough to offset deep declines in Europe over the first three months of 2021. 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: 06/05/2023

Index LevelDaily Change% Change
264.91-$1.09-0.41%
LVMHKeringRichemont
-$3.44-$0.73-$0.07
View Index

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