JD.com Sales Rise Most in Years After China Consumers Awaken
JD.com Inc. posted its fastest revenue growth in almost three years after Beijing policies helped shore up consumer spending across the world’s No. 2 economy. The company’s shares rose more than 4 percent in pre-market trading after reporting a much better-than-projected 13 percent rise in sales to 347 billion yuan
Moncler Shares Surge, Boosted by Recovery in China
Moncler Group’s full-year revenues rose 7 percent to €3.11 billion ($3.42 billion), the company announced Thursday. Results beat analyst expectations; shares surged 9.5 percent just before markets closed. The Italian outerwear giant’s latest figures were the latest signal that the luxury market could be turning a corner, following encouraging results
The BoF Podcast | Why India Will Not Be The Next China for Luxury
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