Earnings season is here: luxury goods stocks are experiencing mixed fortunes, with Burberry skyrocketing and LVMH under pressure.

The Zhicheng Financial APP learned that for European luxury stocks, this financial reporting season will fully highlight the growing gap between winners and losers. The luxury goods industry had a strong start to this round of financial reporting season: British trench coat manufacturer Burberry Group performed strongly, with its stock price soaring 9%; the sales of Cartier's parent company, Richemont, also exceeded expectations. However, the prospects for the upcoming financial reports of LVMH Mot Hennessy Louis Vuitton SE, Kering SA, and Salvatore Ferragamo SpA are relatively dim.