Earnings Brief
LVMH, Hermès, and Kering Suffer From China’s COVID-19 Clampdown
Sales for top-notch luxury players were good in the first three months of 2022, mostly thanks to Europe and the Americas. Read More
Nike Feels the Burn as Anta and Li-Ning Continue Their Winning Streak
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
While China proved challenging for Tapestry in late 2021, Hermès soared in the Asia-Pacific region, and Farfetch expanded its brand portfolio. 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
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
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
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 Delivers for Estée Lauder, Tapestry & Farfetch
With a flurry of earnings results coming in August, Jing Daily looked at how top luxury companies fared in China and beyond. Read More
Ralph Lauren Soars As China Leads Asian Growth
The first of Ralph Lauren’s digitally-driven ‘emblematic’ retail concepts arrived in Beijing, with one in Shanghai to follow in a matter of weeks. Read More
Prada Sales Boom as China Continues to Splurge
Not one to fall behind, Prada continues the trend of luxury comebacks this week, with retail sales in H1 2021 beating pre-pandemic figures. Read More
