China


Hermès Q2 Sales Slow, Hit by Currency Exchanges

"Once upon a time in the Wild West of Paris"...Hermès interprets Western

Paris— Hermès International SCA reported today that its second quarter sales trailed estimates as the weakness of the yen and a … [Read more...]

Burberry’s Sales Rise Bolstered by China

Fall/Winter campaign for Burberry

London—Heading into an annual meeting on Friday, Burberry reported today that its sales were strong especially out of Greater … [Read more...]

Gap Inc. Q1 Profit Falls 22% But Still Beats Estimate

Gap Inc.

San Francisco--Gap Inc. reported Thursday that its first quarter profit fell 22%, hindered by foreign currency fluctuations and … [Read more...]

Week in Review: Top 10 Articles to Remember

Getting it right: Hearts on Fire

New York—First quarter earnings reports have begun trickling in…and you know what? They’re better than expected.Despite … [Read more...]

China to Become Gap Inc.’s No.2 Market in 3 Years

Gap china

San Francisco—Gap Inc. is looking to become less dependent upon the (unpredictable) U.S. market, which accounts for about 84% of … [Read more...]

Burberry Reports 19% Jump in Second Half Sales

burberry

London—Burberry became the first major luxury house today to appear to shrug off the slowing Chinese economy. The British … [Read more...]

Report: Luxury Watch Sales Trending “Strong” for 2014

BaselWorld Premiere: Rolex GMT-Master II 40 mm in white gold with a 24-hour rotatable red and blue Cerachrom bezel, black dial and Oyster bracelet.

Geneva and Basel, Switzerland—The Mecca for watches, BaselWorld, opened today and is expected to draw more than 100,000 attendees … [Read more...]

Gap Inc. Q4 Profit Falls, Hit by Holiday Promotions

Real life couple Bekah Jenkins & Cory Bond appear in Banana Republic's Spring ad campaign

San Francisco—Gap Inc. reported late Thursday that its fourth quarter profit fell 12.5% as the giant retailer was hit by heavy … [Read more...]

Kering 2013 Profit Plummets on Company Restructure

Gucci held its Fall/Winter 14-15 runway show on Wednesday in Milan.

Paris—When Kering, the luxurygoods conglomerate behind Gucci, Bottega Veneta, Stella McCartney etc., said last November it … [Read more...]

Luxury Study Contrasts Shanghai vs New York

dior

London—The differing shopping habits of luxury consumers in Shanghai and New York are analyzed in a new study from digital direct … [Read more...]

Defying Luxury Slowdown, Hermès Q4 Sales Strong

Hermès' spring ad campaign

Paris—While the negative effects of the weak yen may have hurt somewhat, Hermès International SA today reported its fourth quarter … [Read more...]

Swatch Group’s 2013 Profit Beats Expectations

Swatch Group

Zurich—Continued sales growth in China and elsewhere helped Swatch Group AG today report better-than-expected 2013 earnings as … [Read more...]

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