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JPMorgan: Luxury sector data points to industry-wide improvement in Q2

2026-07-06 21:22:13

Jinse Finance reports that on July 6, JPMorgan analysts pointed out that luxury goods companies are expected to benefit from positive industry-wide data signals in the second quarter. The data shows that second-quarter trends either remained flat compared to the first quarter or showed improvement. For example, US credit card data indicates consumer spending resilience, while sales at Japan's duty-free shops, retail stores, and department stores are accelerating. Consumers in most countries are exhibiting healthy spending patterns, especially in the US, South Korea, and Japan.

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