revenue
Hey, Low Spender: Young Chinese Shoppers Boost Jeweler Chow Tai Fook
While luxury brands continue to chase the Chinese big spender wherever he or she may be, Chow Tai Fook is recording strong sales driven by a distinctly less well-off demographic:… Read More
No China Slowdown For Hermès
Shifting consumer demand in China and the broader effects of slower economic growth in 2012 may be hurting the likes of Hugo Boss and Burberry, but Hermès continues to cash… Read More
What Slowdown? Luxury Giants LVMH, PPR Cash In On China Demand
Following up strong earnings results from Hermès and Remy Cointreau, French luxury giants LVMH, PPR and L'Oreal this week reported double-digit growth that defied observer fears of a significant China… Read More
Economic Slowdown Hits Burberry, But Brand Still Sees China Opportunity
Though it remains one of the most successful high-end brands in the China market, this week Burberry reported lower-than-expected earnings on lower economic growth in the Chinese, European and US… Read More
