Full-line decline! Is the way out for LVMH to "sink"?

Industry indicators show that LVMH's sales growth was lower than expected, and on Wednesday global luxury goods stocks fell. Analysis suggests that while high-end luxury goods manufacturers have far better performance than companies primarily targeting the middle class, in the long run middle-class consumers are still the main customer group for big brands. Some brands have already started quietly lowering prices in hopes of winning back middle-class consumers.

wallstreetcn12:29 ET

Samsonite International Goes Ex Dividend Tomorrow

Seeking AlphaJun 11 08:42 ET

Did Prada finally choose the right person?

Author | Cao Anxun Editor | Zhou Zhiyu. Prada, which caused a sensation on social media due to several celebrity endorsers' houses collapsing, attracts unprecedented attention from Chinese consumers because of the replacement of new brand ambassadors. On June 2nd, Prada announced Jia Ling as its brand ambassador. This decision made Chinese consumers exclaim "Finally the right person is chosen", and "It won't fail this time." Prada's selection of Jia Ling signifies a significant shift in its endorsement strategy. In recent years, after experiencing a series of celebrity endorsement failures, the brand's interest in internet celebrities has dropped sharply, and instead it favors positive public figures such as China's women's soccer team and table tennis world champion Ma Long.

wallstreetcnJun 3 07:39 ET

Earnings Call Summary | SAMSONITE INTL SA(SMSOF.US) Q1 2024 Earnings Conference

moomoo AIMay 14 19:58 ET · Conference Call

Samsonite International Reports Q1 Results

Seeking AlphaMay 14 18:03 ET

Samsonite International Reports Q4 Results

Seeking AlphaMar 14 10:28 ET