Tag: Luxury Goods

China Lifted a Ban on Group Travel. These Stocks are Set to Benefit.

China’s decision to lift a ban on group tours traveling to the U.S., Japan, South Korea and parts of Europe is great news for luxury stocks.

China’s uneven recovery may deepen demand worries for U.S. luxury goods makers

U.S. luxury companies including Michael Kors-owner Capri (CPRI.N) and Estee Lauder (EL.N) will likely record a hit to sales from a slower-than-expected recovery in key market China that likely exacerbated cooling demand in the U.S.