Earnings Brief
Earnings: Ralph Lauren Charges Ahead While Canada Goose, Adidas Brace For China Setbacks
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
Soaring Sales At LVMH Prove That Luxury Consumers Are A Different Breed
LVMH saw double digit growth in the third quarter thanks to local demand and recovering tourism, reflecting the resilience of the industry. Read More
JD.Com, Anta Beat Industry Rivals While Capri Gives Conservative Outlook
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
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
Ralph Lauren, Burberry Stay Optimistic Despite China Setbacks
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
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
