[JPMorgan: Luxury Industry Data Indicates Sector-Wide Improvement in Q2] According to a report by Jinse Finance on July 6, JPMorgan analysts pointed out that luxury companies are expected to benefit from positive sector-wide data signals in the second quarter. The data shows that trends in Q2 are either on par with Q1 performance or have improved. For example, U.S. credit card data indicates resilient consumer spending, while sales at Japanese duty-free shops, retail stores, and department stores are accelerating. Consumers in most countries are exhibiting healthy spending patterns, particularly in the U.S., South Korea, and Japan.