MercadoLibre Inc., the Latin American e-commerce and fintech platform that’s now the region’s most valuable company, said it’s seeing signs of a consumption rebound in …
Rebound
US Retail Sales Rebound in February, Weekly Jobless Claims Fall
US retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending is slowing as households grapple with …
How Beauty Can Navigate a China Rebound
For international beauty conglomerates, the dream of guaranteed growth in China gave way to a sobering reality in 2023. Recent earnings reports show that no …
Ralph Lauren Rides Strong Holiday Demand, China Rebound to Post Upbeat Results
Ralph Lauren beat profit expectations for the 14th straight quarter, driven by robust holiday demand for its pricey cashmere sweaters, coats and cocktail dresses in …
Luxury’s Rebound Is Proving Elusive as China Gloom Adds to Warnings
Luxury stock investors are facing the risk of more bad news as the likes of Burberry Group Plc and Hugo Boss AG fell short of …
L’Oréal Upbeat on China Despite Market’s Softer Rebound
Second-quarter sales at French cosmetics giant L’Oréal slightly beat expectations, as a rebound in China helped offset slower growth in the United States, where the …
LVMH Q2 China Rebound Offsets Weakening US Demand
LVMH sales in the second-quarter were buoyed by a strong rebound in Chinese spending, helping to offset weakening demand from aspirational customers in the US, …
LVMH Sales Lifted by Strong Chinese Rebound in First Quarter
French group LVMH reported a 17 percent rise in first-quarter sales, lifted by a return to strong business in China, which is serving as a …
Mytheresa Gets a Boost From Post-Pandemic Travel Rebound
Mytheresa said the value of goods sold on its platform rose 18 percent year-on-year to €196.7 million ($196.7 million) in the quarter ending June 30, …