JL Warren Capital

JL Warren Capital LLC is a leading independent equity research firm focused on Chinese companies and listed multinationals in China. We employ a bottom-up research approach that takes great care to avoid the acquisition of material non-public information. Through investigative due diligence including channel surveys and interviews, our research helps clients to pinpoint the dislocations in the market.

Investment Advisors

GOOS China:  Upcoming New DTC Stores to Fuel Growth Momentum

GOOS:  Golden Goose Opportunity Presented by Share Pullback - Bargain Valuation on Resilient Demand

BZUN Q1 Preview: Eroding GMV Quality, Margin Squeeze by Top Customers

Investment Advisors, JL Warren Capital

Junheng Li

Thematic (Sector/Industry)

China Consumer discretionary / Thematic (Sector/Industry)

<p>Monthly surveys include the following store buyers and merchants: Sunshine DFS, Galeries Lafayette Beijing, Lane Crawford HK, Vivienne Westwood, Beijing Yintai Center, Shanghai IFC Malls, Daigou merchants, regional merchant associations; ecommerce service providers</p>

Monthly surveys include the following store buyers and merchants: Sunshine DFS, Galeries Lafayette Beijing, Lane Crawford HK, Vivienne Westwood, Beijing Yintai Center, Shanghai IFC Malls, Daigou merchants, regional merchant associations; ecommerce service providers

Luxury Brand Retail Survey in China – Q2 2019 (LVMH, Kering, NKE, EL)