Financial Reporting
Apple 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 More
In China, Tech Stocks Tank as Luxury Brands Scramble
Western and Chinese investors are dumping Chinese tech stocks in 2022, which is bad for luxury brands. But can the Spring Festival help? Read More
Secoo 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 More
Luxury Brands Crushed Singles’ Day, but a New Hurdle Looms
Once Singles’ Day ended, Jing Daily’s KraneShares China Global Luxury Index hit its highest level ever. So why did it rapidly decline after that? Read More
Alibaba, 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 More
Are China’s Falling Property Prices Hurting Luxury?
China’s property market just felt its first month-on-month decline in new home prices since 2015 — and, yes, it affects the luxury market. Read More
Strong 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 More
Government Crackdowns, Evergrande, and COVID-19 Dampen Luxury Boom
September was the worst month for luxury stocks since the pandemic hit. Is it due to luxury’s recent growth being unsustainable or something else? Read More
Tod’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
China’s “Common Prosperity” Drive Sends Luxury Stocks Tumbling
In August, the Jing Daily Index hit a new low as investors drove the share prices of the world’s largest luxury companies downwards. Read More
