Consumer Biz Review: Retailers In China IMPACT Gucci and Others
High-end retailers in China have released their second quarter reports, from which analyst Rahul Sharma perceives a trend, commenting that “Solid demand from cosmetics to watches, but costs, competition are making their margins shrink.” Some companies that fit the pattern include Estee Lauder Companies Inc. (NYSE:EL), Coach, Inc. (NYSE:COH), Polo Ralph Lauren Corporation (NYSE:RL), Lymh Moet Henn (LVMUY.PK), and Gucci Group. N.V. GUCG.PK.
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