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2015/11/17 22:13:00 23

CartireToddFinancial Report

Last week, the most important luxury industry news for you was selected: luxury goods groups released their first half of the year's financial reports, mixed feelings, and more business activities this week. Hermes opened the third flagship stores in the Miami design area, SWAROVSKI and Vacheron Constantin.

The most interesting thing is Ma Yun.

Gucci

Suing Ali for sale, it is absurd to say that Gucci is so expensive.

Open and spread the Puma for sale

After being the controlling shareholder of the sports brand Puma 8, according to Bloomberg, Kai Yun group may quit puma.

Kai Yun wants to pform the brand into a luxury brand, but it is not effective, so it will sell most of the shares.

It is estimated that the Puma sales in 2020 will not exceed the level of 2007.

The half year earnings report of the summit group is "challenging" in the second half of the year.

Despite its continued decline in Swiss watch exports, watch sales in Hong Kong and Macao have been severely weakened, dragging the top half of the group's performance in the first half of fiscal year.

But the peak group made a huge profit of 623 million euros through the merger of Yoox Net- -Porter, and its stock price rose 12%.

In the first half of 2015, the total sales volume of Richemont rose by 15% to 9.1%, lower than analysts' expectations, and the share price fell by 9.1%.

Brands say that the rest of the year's earnings forecast is "challenging".

  

Cartire CEO replacement successor

LVMH

Japan CEO

Cartire (Cartier) parent company, Richemont, announced that Cartire's CEO Stanislas de Quercize will be replaced by Cyrille Vigneron, which is the president of the LVMH group in Japan.

The decision will take effect in January 1st.

Luxury electricity supplier YNAP released its first earnings report

The two largest luxury goods providers in the world, Yoox SpA and Net-a-Porter Group SpA, completed their merger in October 5, 2015. The first nine months after the merger were expected to be reported for the first time in nine months, with revenue and profits rising, up 32.2% over the same period.

The adjusted net profit in the report is expected to rise from 50 million 400 thousand 3240 to 21 million 500 thousand, compared with the same period last year.

  

Hermes

Three quarter earnings growth of 15.4%

Herm s recently released its three quarter earnings in 2015 (up to three months in September 30th), earning 1 billion 14 million euros, as sales of garments and accessories promoted the growth of 15.4% euros in the international market, or higher than that of rival LVMH group and Kai Yun group.

Hong Kong and Macao are extremely weak Tod's China market plunged 14%

Italy luxury group Tods (Tod 's) recently released its three quarter and first nine months of 2015.

As of September 30, 2015, China's market income of Tod's group fell 14%, while the first half fell 12.6%.

The company said that the mainland China market, which accounts for half of the sales of the Greater China, is still growing, but the Hongkong market has been reduced by tourists.


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