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Earnings Brief

  • 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
  • Earnings Brief

    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
  • Financial Reporting

    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
  • Earnings Brief

    ‘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 Brief

    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
  • Market Analysis

    Soaring Sales At LVMH Prove That Luxury Consumers Are A Different Breed

    Julienna Law  |   Share
    LVMH saw double digit growth in the third quarter thanks to local demand and recovering tourism, reflecting the resilience of the industry. Read More
  • Earnings Brief

    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
  • Earnings Brief

    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
  • Earnings Brief

    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
  • Earnings Brief

    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
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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: 06/06/2023

Index LevelDaily Change% Change
267.18+$2.270.86%
LVMHKeringRichemont
-$0.66+$0.19-$0.12
View Index

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