Samsonite International S.A. (SMSOF) Q3 2024 Earnings Conference Call Transcript Summary
Samsonite International Non-GAAP EPS of $0.06, Revenue of $877.7M Misses by $42.16M
Tide News | Leica Lens holds a China launch event, AXIOM SPACE partners with PRADA to release a brand new lunar spacesuit design, Victoria's Secret fashion show returns, CANALI releases its first "Sustainable Development Report"
The latest technological achievements of Leica lenses were showcased on site, interpreting the brand essence of 'you deserve to see the real world'.
Daiwa: After the opening of A shares, Hong Kong real estate, consumer, and financial stocks will experience a pullback, but this is healthy.
JPMorgan believes that the forward price-earnings ratio of the Chinese stock market has significantly rebounded, indicating a shift in policy towards the inflation direction released by the combination of monetary/real estate assets, and also reflects the market's high expectations for fiscal stimulus policies. However, the short-term outlook may be too optimistic. After the A-share market opens, with more individual investors entering, its performance may outperform Hong Kong stocks.
A difficult Q2 report card for luxury goods: zero revenue growth, price increases and promotions together, with Hermès "holding up the roof".
Bank of America Merrill Lynch stated that the second-quarter weighted average income of the luxury goods industry recorded zero growth, the lowest in fifteen quarters, and also showed trends such as brand polarization, negative growth in hard luxury income, and deteriorating demand in the USA.
Chaoxun | Prada launches customized services, the miracle night cream of the sea blue mystery debuts, Descente RE:DESCENTE eco-friendly project goes online, Kao Keron children's line new product launches.
Prada's made-to-measure service is constantly refreshed according to the season, introducing different materials and details, and creating new silhouettes to reinterpret classic works with new ideas and ingenuity.